Krystal Integrated Services Limited has secured a significant three-year contract valued at Rs 6.85 crore annually from Mahatma Phule Backward Class Development Corporation Limited. This development has bolstered investor confidence, leading to a 3% surge in the company’s share price.
Key Details of the Contract:
- Awarding Entity: Mahatma Phule Backward Class Development Corporation Limited.
- Nature of Services: Provision of manpower services.
- Contract Value: Rs 6.85 crore annually, amounting to Rs 20.55 crore over three years.
- Contract Duration: 3 years.
- Scope: Domestic contract with no involvement of related-party transactions.
This new order enhances Krystal Integrated Services’ business portfolio, showcasing its capabilities in delivering specialized manpower solutions. The company highlighted that the contract does not involve promoter interests or related-party engagements.
Investors have responded positively to the news, reflecting confidence in the company’s growth trajectory. The share price of Krystal Integrated Services closed higher, underlining the market’s acknowledgment of its expanding business opportunities.
Disclaimer:
The information provided is for informational purposes only and should not be considered as financial or investment advice.
