Vedavaag wins order worth around Rs. 72 crores for implementation of SITCM of IP Based Video Surveillance Systems

VEDAVAAG SYSTEMS LTD., has entered into a MoU with IRIS Global Services Private Limited, New Delhi for implementation of IP based Video Surveillance System (VSS). The project scope includes "Supply, Installation, Testing, Commissioning, integration with existing VSS infra, operation and maintenance (SITCM) of IP based Video Surveillance systems (VSS)" at D&E category railway stations of Western Region. IRIS Global has secured the order from RAILTEL Corporation of India limited.

The project envisages installation of CCTV cameras in 1002 railway stations of D & E category spread across the states - Madhya Pradesh, Maharashtra, Gujarat, Karnataka, Chhattisgarh, Rajasthan and Uttar Pradesh states. The value of the project is estimated at Rs. 72 crores.

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs. 42.42 as compared to the previous close of Rs. 43.22. The total number of shares traded during the day was 118606 in over 495 trades.

The stock hit an intraday high of Rs. 44.69 and intraday low of 41.10. The net turnover during the day was Rs. 5045343.00.

Source : Equity Bulls

Keywords

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