Kavveri Telecom receives contract from Idea Cellular Ltd

Kavveri Telecom Products Ltd has announced that M/s. Idea Cellular Ltd has awarded 'Rate Contract' to the Company for the supply of its products for Base Stations for all its circles throughout India for one year.

The company recently received a similar award from Hutch worth Rs.40 crores for supply of base stations.

The share price of Kavveri Telecom surged 7.4% after the announcement. The company might receive more such orders with the operators expanding their reach across the country.

Source : Equity Bulls

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