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A Rs 71-crore company wins order worth Rs 111 crore from UP govt

The project duration is four years, with possible extension of another two years. The total cost of the order is Rs 110.61 crore.

December 18, 2023 / 19:12 IST
Earlier in the day, the stock slipped half a percent to Rs 70 on BSE.

Earlier in the day, the stock slipped half a percent to Rs 70 on BSE

 
 
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We Win Limited, a business process outsourcing (BPO) company, on December 18 said it has won an order worth Rs 111 crore from a government agency.

The company, whose market valuation is a mere Rs 71 crore, said Uttar Pradesh Development Systems Corporation Limited (UPDESCO) has selected the company to establish and operate Chief
Minister Helpline in the state.

The project duration is four years, with possible extension of another two years. The total cost of the order is Rs 110.61 crore.

Earlier in the day, the stock slipped half a percent to Rs 70 on the BSE.

The order comes weeks after the company was selected by the State Health Authority, Uttarakhand to run its call centres. This project is for two years. The order size is Rs 2.14 crore.

Despite recent order wins, the stock has not performed well in the near term. It is down 5 percent in the last three months and up 21 percent in last year.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Moneycontrol News
first published: Dec 18, 2023 07:12 pm

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