BSETakyon Networks LtdHighPositive
Announced Mon, 20 Apr · 21:31 IST

Takyon Networks Limited has received order worth of Rs. 1,94,33,741.55.

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Price reaction · full curve 14 horizons · vs prior close
-7.0%1-day move
₹29.69
prior close
₹29.75
base price
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-2.5-2.5-2.5-2.5-7.0-5.7-5.8-12.7-15.8+6.1-23.8-32.6
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AI summary

Takyon Networks Ltd has received a work order valued at Rs. 1,94,33,741.55 (approximately Rs. 1.94 crore) from Research Designs & Standards Organisation (RDSO), Manaknagar, Lucknow. RDSO is a government body under the Ministry of Railways. The order is for the supply of a new four-year Comprehensive Annual Maintenance Contract (AMC) for Asterisk-based IP Exchange, along with Supply, Installation, Testing, and Commissioning (SITC) of various telecom items at RDSO Lucknow. The contract is domestic, classified as medium-sized, spans four years, and involves no related party transactions.

Likely market impact

The order provides a multi-year revenue visibility of approximately Rs. 1.94 crore and strengthens the company's relationship with a government railway body, which is a positive signal for short-to-medium-term earnings.