Rs 7005,00,00,000 Project: IT Company Receives Advance Work Order of Rs 1901,10,51,507.64 from BharatNet Project
The stock gave multibagger returns of 383 per cent from its 52-week low and a whopping 1,100 per cent in 5 years.
On Wednesday, shares of Tera Software Ltd hit a 2 per cent upper circuit to Rs 218.95 per share from its previous closing of Rs 214.70 per share. The stock’s 52-week high is Rs 266.75 per share and its 52-week low is Rs 45.35 per share.
Tera Software Limited Consortium Led by their Partner ITI Limited (Public Sector Undertaking, DoT) received an Advance Work Order (AWO) from BharatNet Project for Middle Mile Network - NER-II with in the States of Arunachal Pradesh, Nagaland and Manipur (Package No.15), with a total worth of order value of Rs 1901,10,51,507.64 for design, supply, construction, installation, upgradation, operation and maintenance of Middle Mile Network of BharatNet. BharatNet Phase-3 Project is envisaged for the Development (Creation, Upgradation and Operation & Maintenance) of Middle Mile Network of BharatNet on Design Build Operate and Maintain (DBOM) Model to deliver the services to 2,50,000 Gram Panchayats across India under Digital Bharat Nidhi (DBN). With this, the total orders received from BSNL reach Rs 7,005 crore in consortium
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Tera Software Ltd., established in 1994, operates as an IT and integrated services provider, specialising in build-own-operate-transfer (BOOT) projects for government organisations across India. With a presence in over 22 states and a network of more than 3,000 outlets, the company offers a broad spectrum of services encompassing e-governance solutions, system integration, IT-enabled services, software development, and digital infrastructure development, including optical fiber cable connectivity and Next Generation Network (NGN) architecture.
Notable projects include the implementation of digital initiatives like Kaveri, BESCOM, Aadhar, AP FIBERGRID, and various e-governance systems for state governments, demonstrating their comprehensive capabilities in delivering large-scale IT solutions. The stock gave multibagger returns of 383 per cent from its 52-week low and a whopping 1,180 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.