Tera Software Ltd receives LOIs worth Rs. 273.2 crores from MVVNL

Tera Software Limited has received Letter of Intents (LOIs) worth Rs. 273.2 Crores (excluding GST) (Rupees Two Hundred Seventy Three Crore and Twelve Lakhs Only) to be executed in two years.

Madhyanchal Vidyut Vitran Nigam Ltd. (MVVNL) vide Letter No.1018/SE(COM) MVVNL / MEDCO / 2974 / 2024, Dt. 29/03/2025 - Door to Door Meter Reading, Spot Bill Generation, Bill distribution & Bill Collection Services in Cluster-09: Lucknow Central, Devipatan and Raibareilly Distribution Zones of MVVNL - Rs. 90,06,77,980.80 (Rupees Ninety Crore Six Lakh Seventy Seven Thousand Nine Hundred & Eighty and Paise Eighty Only)

Madhyanchal Vidyut Vitran Nigam Ltd. (MVVNL) vide Letter No.1019/SE(COM) / MVVNL / MEDCO / 2974 / 2024, Dt. 29/03/2025 - Door to Door Meter Reading, Spot Bill Generation, Bill distribution &. Bill Collection Services in Cluster-05: Agra, Firozabad, and Kanpur-2 Distribution Zones of DVYNL - Rs. 75,40,02,159.36 (Rupees Seventy Five Crore Forty Lakh Two Thousand One Hundred & Fifty Nine and Paise Thirty Six Only)

Madhyanchal Vidyut Vitran Nigam Ltd. (MVVNL) vide Letter No.1020/SE(COM) MVVNLA / MEDCO / 2974/2024, Dt. 29/03/2025 - Door to Door Meter Reading Spot Bill Generation, Bill distribution & Bill Collection Services in Cluster - 12: Azamgarh, and Basti Distribution Zones of PuVVNL - Rs. 107,65,23,796.80 (Rupees One Hundred Seven Crore Sixty Five Lakh Twenty Three Thousand Seven Hundred & Ninety Six and Paise Eighty Only)

Shares of Tera Software Limited was last trading in BSE at Rs. 185.00 as compared to the previous close of Rs. 188.20. The total number of shares traded during the day was 216 in over 4 trades.

The stock hit an intraday high of Rs. 187.90 and intraday low of 184.50. The net turnover during the day was Rs. 39955.00.

Source : Equity Bulls

Keywords

TeraSoftware INE482B01010 OrderWin LOIs MVVNL