Quadrant Future Tek Ltd receives LOA from RailTel Corporation of India Ltd

Quadrant Future Tek Limited ("Quadrant") has received a Letter of Acceptance (LOA) dated March 26, 2025, for receipt of a new work order worth Rs. 1,55,93,09,000/- (Rupees One Hundred and Fifty-Five Crores Ninety-Three Lakhs Nine Thousand Only) (Including taxes) from RailTel Corporation of India Ltd ("RailTel") for Supply, Installation and Commissioning of Kavach (Indigenous Train Collision Avoidance System) Systems at East Central Railway.

This project involves the "Provision of Kavach (Indigenous Train Collision Avoidance System) Systems on Railway Tracks of 502.2 RKM covering 71 Railway Stations of East Central Railway.

Shares of Quadrant Future Tek Limited was last trading in BSE at Rs. 517.55 as compared to the previous close of Rs. 536.45. The total number of shares traded during the day was 170774 in over 4205 trades.

The stock hit an intraday high of Rs. 542.00 and intraday low of 511.10. The net turnover during the day was Rs. 89492618.00.

Source : Equity Bulls

Keywords

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