Spanco bags order worth Rs 284 crores

by khalid on 10/04/2010 · 1 comment

Spanco offers world-class end-to-end business process outsourcing services that can help companies achieve improved business performance. The company bags order worth Rs 284 crores from Punjab State Electricity Board (PSEB). Spanco is appointed as IT implementation Agency (System Integrator) for implementation of IT infrastructure for them. This project is the part of Restructured Accelerated Power Development & Reforms Programme(R-APDRP) instituted by Ministry of Power, Government of India to improve the power supply reliability at distribution level and to achieve commercial viability of the state electricity departments. It has to be executed in 14 months and maintenance is for 5 years.

Share’s Data :-
BSE Code : 508976
Mkt. Cap: Rs 256 Crores
P/E: 9.18
EPS: 9.50 in Mar 2009
Face Value : Rs 10
Last Dividend : 5% in Jul 2009
52 Week H/L : Rs 92.50 / 27.50
Spanco Ltd. share’s CMP is Rs 91.25 on 9th Apr 2010.

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