Ceinsys Tech Stock Price Gains Today After Company Gets Rs 115 Crore Contract
By Ankur Chandra | Published at: Jul 8, 2025 03:21 PM IST
Nagpur, July 8 (11:15 IST) – Ceinsys Tech Ltd (BSE: 538734) surged over 2.5% in early trade on Tuesday after receiving a Letter of Award (LoA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for a significant contract.
The project involves selecting a System Integrator (SI) to monitor infrastructure projects utilizing an Integrated Digital Delivery Platform (IDDP). Totaling ₹114.99 crore, it spans over four years, including one year of implementation and three years of operations and maintenance.
The company’s shares were trading at ₹1,505.60, up by 1.22% as of 1:27 PM on July 8.
Major Government Order Boosts Sentiment
Ceinsys announced that it has received a Letter of Award (LoA) from MMRDA for the selection of a System Integrator (SI) to monitor infrastructure projects using an Integrated Digital Delivery Platform (IDDP). The total contract value is ₹114.99 crore, excluding GST, with a project duration of 4 years — comprising 1 year of implementation and 3 years of operations & maintenance.
According to SEBI Circular SEBI/HO/CFD-PoD1/P/CIR/2023/123, the company confirmed the following:
| Order Details | Information |
|---|---|
| Awarding Entity | MMRDA |
| Nature of Work | System Integrator for Infrastructure Monitoring |
| Value | ₹114.99 crore (excl. GST) |
| Duration | 1 year implementation + 3 years O&M |
| Type | Domestic |
| Related Party? | No |
Stock Market Reaction
At 01:27 PM IST, the stock was trading at ₹1,505.60, up ₹18.15 or 1.22% from the previous close of ₹1,487.45. It opened at ₹1,486.90 and touched a high of ₹1,532.05 during the session.
| Price Metrics | Value (₹) |
|---|---|
| Previous Close | 1,487.45 |
| Open | 1,486.90 |
| High | 1,532.05 |
| Low | 1,478.00 |
| VWAP | 1,507.48 |
| 52-Week High / Low | 2,105.00 / 500.00 |
Valuation & Financial Snapshot
Ceinsys Tech trades at a PE ratio of 38.18 with an EPS (TTM) of ₹39.94. Its market cap stands at ₹2,659.86 crore with a free-float market cap of ₹993.86 crore. The stock is under ASM LT: Stage 1 surveillance.
| Metric | Value |
|---|---|
| EPS (TTM) | ₹39.94 |
| CEPS (TTM) | ₹42.79 |
| PE / PB Ratio | 38.18 / 8.05 |
| ROE | 21.08% |
| Face Value | ₹10 |
Outlook
The government order boosted investor sentiment, reflecting confidence in Ceinsys Tech’s digital capabilities. The stock gained momentum after the LoA announcement, and further gains may follow as execution progresses and public-sector partnerships continue to expand.
About the Company
Ceinsys Tech Ltd, listed on BSE, is a technology-driven firm in the Computers – Software & Consulting sector. Headquartered in Nagpur, the company offers geospatial, AI, and digital solutions to both government and private enterprises. It is categorized under Group B / T+1 settlement.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/f5a2ab2d-5cb2-4d47-b4a0-180460cc3198.pdf
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