Atishay Limited awarded contract by GOA Electronics Ltd

Atishay Limited has been awarded a Rate Contract towards empanelment of Agencies for providing Information Technology related Manpower to GOA Electronics Limited (GEL), a Government of Goa, Company and subsidiary of EDC Ltd., a Government of Goa undertaking.

Under this arrangement, GEL shall intimate the requirement of manpower on a case-to-case basis, enabling the Company to support multiple projects as per actual demand. This empanelment is valid for a period of one (1) year from the date of issuance of the work order.

This empanelment further strengthens the Company's positioning in the e-governance and IT services domain and is expected to open up new opportunities for expanding our manpower solutions portfolio in Government projects. The contract is rate-based, without a pre-determined monetary value. Accordingly, the financial impact will accrue over the tenure of the contract depending on actual work orders placed by GEL.

Shares of Atishay Ltd was last trading in BSE at Rs. 123.45 as compared to the previous close of Rs. 121.05. The total number of shares traded during the day was 3176 in over 74 trades.

The stock hit an intraday high of Rs. 124.90 and intraday low of 120.55. The net turnover during the day was Rs. 393125.00.

Source : Equity Bulls

Keywords

Atishay INE011R01013 OrderWin Contract GOAElectronics