Rs 1,209 crore order book: IT-software company receives LOA worth Rs 15,95,00,000 from Mumbai Metropolitan Region Development Authority (MMRDA)

On Wednesday, shares of Ceinsys Tech Limited gained 2.9 per cent to an intraday high of Rs 1,819.90 per share from its previous closing of Rs 1,768.45 per share. The stock’s 52-week high is Rs 2,105 and its 52-week low is Rs 653.80.

Ceinsys Tech Limited has been awarded a Letter of Award (LoA) from the Mumbai Metropolitan Region Development Authority (MMRDA), a domestic entity. The contract, valued at Rs 15,95,00,000 (excluding GST), is for the "Appointment of Agency for Upgradation and Procurement of ESRI ArcGIS Software Products Enterprise Agreement at MMRDA." This agreement is for a duration of 4 years, which encompasses license delivery as well as operations and maintenance support for 16 quarters following the activation of the license.

About the Company

Ceinsys Tech Ltd is a 1998-founded enterprise specialising in geospatial and engineering services, software, and energy solutions. As an ISO and CMMI-certified company, it's part of the Meghe Group. Its core competencies include designing, managing and analysing geographic data, with a focus on energy systems, water management, product design and robotics. Ceinsys offers a range of services encompassing geospatial solutions like risk analytics, smart city planning and disaster management; as well as mobility solutions spanning from concept development to manufacturing engineering and electric vehicle technology.

Navratri Special- unlock 2 premium services for the price of 1!

The order book of the company as of June 30, 2025, stands at Rs 1,209 crore. The company has a market cap of over Rs 2,700 crore with multibagger returns of 120 per cent in just 1 year and a whopping 1,300 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.