Krystal Integrated Services Ltd secures ₹55 Crore Contract for Facility Management Services in Maharashtra

Krystal Integrated Services Limited ("the Company") has received a significant work order from the Directorate of Medical Education and Research, Maharashtra for providing Facility Management Services. The work order, issued on October 11, 2024, carries an estimated annual value of ₹55 Crores and covers multiple medical colleges and hospitals across the state.

Key Details of the Work Order:

- Entity Awarding the Contract: Directorate of Medical Education and Research, Maharashtra.
- Nature of Services: Facility Management Services.
- Duration of Contract: 3 years.
- Approximate Annual Value: ₹55 Crore.

This contract win is a testament to Krystal's ongoing commitment to delivering excellence in facility management services and reinforces the Company's position as a leading service provider in the sector. Krystal's engagement in this critical project reflects its strategic focus on growth and expanding its service offerings across government sectors.

Shubham Prasad Lad, Whole-time Director of Krystal Integrated Services Limited, said: "We are delighted to partner with the Directorate of Medical Education and Research, Maharashtra. This contract allows us to expand our footprint in the facility management services industry, contributing to the efficiency and upkeep of critical healthcare infrastructure."

Krystal Integrated Services will continue to focus on delivering top-tier services to its clients, further strengthening its presence in the market and driving sustainable growth for its shareholders.

Shares of Krystal Integrated Services Limited was last trading in BSE at Rs. 751.90 as compared to the previous close of Rs. 737.10. The total number of shares traded during the day was 5039 in over 560 trades.

The stock hit an intraday high of Rs. 758.40 and intraday low of 742.10. The net turnover during the day was Rs. 3781749.00.

Source : Equity Bulls

Keywords

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