NIS Facility Management Services Ltd receives order worth Rs. 56.01 lakhs

NIS Facility Management Services Private Limited (NIS MANAGEMENT LIMITED (SCRIP CODE: 544495)) has been awarded a letter of intent for work order by the West Bengal Electronics Industry Development Corporation Limited for restoration of CCTV cameras on the basis of OFC cable laying and other accessories under "CCTV project and OFC backbone project in NKGSCCL for entire New Town area". The total revenue shall be generated from this Work order is INR 56,01,303/- (Rupees Fifty-Six Lakh One Thousand Three Hundred and Three Only) inclusive of all taxes.

We view this as a testament to the dedication and expertise of our subsidiary's team, and we are excited about the prospect of our subsidiary collaborating with the West Bengal Electronics Industry Development Corporation Limited on this objective. As a valued stakeholder, your support and engagement will play a pivotal role in ensuring the success of these endeavors.

Shares of NIS Management Limited was last trading in BSE at Rs. 46.50 as compared to the previous close of Rs. 49.92. The total number of shares traded during the day was 276000 in over 32 trades.

The stock hit an intraday high of Rs. 48.50 and intraday low of 41.00. The net turnover during the day was Rs. 13060800.00.

Source : Equity Bulls

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