Allied Digital shares jumped more than 10% after the company received the Pune Safe City Project worth INR 430+ crore. This massive project requires Allied Digital to design, build, integrate, execute and customize a comprehensive set of solutions to strengthen Pune’s security infrastructure.
Over 4,000 artificial intelligence (AI)-enabled cameras will be installed in 1,400+ key locations across Pune as part of a six-year contract that was signed in collaboration with the Pune Police and the Home Department of the Government of Maharashtra. This will significantly improve the city’s surveillance capabilities.
Allied Digital shares opened at ₹241.00, reaching a high of ₹274.85 and a low of ₹240.00. With a 52-week high of ₹319.90 and a low of ₹110.50, the stock shows notable price fluctuations.
As of 12:50 pm, Allied Digital shares were trading 9.51% higher at Rs 267.80 on the NSE.
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