Silver Touch wins Rs 5.12 cr IT infra order from Gujarat power utility GUVNL
SILVERTUC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.4 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Silver Touch Technologies has been awarded a 12-month contract worth Rs 5.12 crore by Gujarat Urja Vikas Nigam Limited (GUVNL), a Gujarat government holding company overseeing power generation, transmission and distribution. The work covers comprehensive management and OEM-authorised support of core IT infrastructure including servers, storage systems, SAN switches, tape library and backup architecture for GUVNL's e-Urja platform, which serves over one crore electricity consumers. The contract requires 99 percent application uptime. It is a domestic order with no related party involvement.
Modest order size but strategically important - deepens presence in Gujarat power sector and validates managed services capability for critical public infrastructure.