Steelman Telecom Ltd receives order worth Rs. 147 crores

Steelman Telecom Ltd has received a work orders/contract worth of Rs.147 crores (Rupees One FortySeven Crores) from Reliance Projects & Property Management Services Limited (Jio) for the purpose providing Frontend, Backend and Supervisor team for maintenance of indoor smallcell, indoor & outdoor Wi-Fi Enterprise UBR.

The contract involves providing a Frontend, Backend, and Supervisor team to maintain indoor smallcell, indoor and outdoor WiFi Enterprise UBR sites. The scope of work and specific instructions will be directed by the Engineer-In-Charge (EIC) team. The team will consist of Diploma Engineers cum Riggers, and will be provided with necessary tools and equipment, including conveyance, tools and tackles, mobile usage, and Personal Protective Equipment (PPE), as per the requirements of the contract.

Shares of Steelman Telecom Limited was last trading in BSE at Rs. 129.00 as compared to the previous close of Rs. 131.20. The total number of shares traded during the day was 1200 in over 1 trades.

The stock hit an intraday high of Rs. 129.00 and intraday low of 129.00. The net turnover during the day was Rs. 154800.00.

Source : Equity Bulls

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