Announced Tue, 16 Jun · 17:50 IST

Subsidiary bags ₹111.35 Cr order from UPDESCO for UP Digital Libraries project

Govt Defence OrderBusiness Updates View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.0%1-day move
₹155.40
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.0+3.4-1.8-5.4-1.4-5.0-20.2-13.8
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AI summary

KS Smart Technologies' wholly-owned subsidiary KS Smart Solutions received a Letter of Intent from UPDESCO (a Uttar Pradesh Government undertaking) for a ₹111.35 crore turnkey project to establish digital library infrastructure across 11,350 Gram Panchayats in UP. Scope includes 22,700 desktops, 11,350 MFPs, 22,700 UPS units, 11,350 web cameras, and 11,350 smart LED TVs, with execution targeted by October 2026. No related-party interest. Order augments the company's order book in the digital infrastructure and e-Governance sector.

Likely market impact

Material order win strengthens order book and revenue visibility; boosts presence in government digital infrastructure segment. Positive for stock.