CWD shares rise nearly 3% on receiving Rs 24 crore sound box order from top NBFC

CWD Limited shares surged nearly 3% on receiving a significant order worth ₹24 crore (plus taxes) for its “Sound Boxes” product line from one of India’s top three NBFCs. This order marks a milestone in the company’s expansion in the fintech sector, aiming to enhance financial inclusion across underserved areas in India.

The project will be executed within 12 months and has the potential to impact over 50 million customers. Siddhartha Xavier, CSO and Joint Managing Director of CWD Limited, expressed enthusiasm about the collaboration, emphasizing the company’s commitment to innovation and social impact.

As of 9:35 am, the shares of CWD Limited were trading 2.53% higher at ₹810, reflecting strong investor sentiment following the announcement.