Aplab Ltd declared L2 for tender by Public Sector Bank

Aplab Limited is declared L2 (2nd lowest) in a tender by a large Public Sector bank on the GeM Portal, for the supply, installation and maintenance of self-service passbook printing kiosks and is eligible for 40% of the order to the tune of Rs. 48.00 crores over 7 years. Supply of Kiosks is over 2 years and the TCO (Total Cost of Ownership) which includes maintenance, consumables etc. of the Bank is for 7 years. The total order over 7 years is expected to be about Rs. 57 crores.

Shares of APLAB LTD. was last trading in BSE at Rs. 91.59 as compared to the previous close of Rs. 91.95. The total number of shares traded during the day was 10408 in over 94 trades.

The stock hit an intraday high of Rs. 94.50 and intraday low of 90.99. The net turnover during the day was Rs. 967445.00.

Source : Equity Bulls

Keywords

APLAB INE273A01015 L2 OrderWin PublicSectorBank