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Quadrant Future Tek Limited ( (IN:QUADFUTURE) ) just unveiled an announcement.
Quadrant Future Tek Limited has accepted a domestic contract from Chennai-based Integral Coach Factory to supply, retrofit, test and commission 192 units of onboard KAVACH 4.0 equipment, including warranty and long-term annual maintenance, over a 12-month period. The order, valued at about Rs 230 crore, strengthens Quadrant’s position in India’s rail safety technology segment and is expected to bolster its revenue visibility while deepening its role in the Indian Railways’ push for upgraded train protection and signalling infrastructure.
More about Quadrant Future Tek Limited
Quadrant Future Tek Limited is an India-based technology company engaged in supplying and installing advanced onboard railway safety and signalling systems, with a focus on products like KAVACH 4.0 that cater to domestic rail transportation needs and modernization programmes.
Average Trading Volume: 185,546
Technical Sentiment Signal: Strong Sell
Current Market Cap: 11.79B INR
For an in-depth examination of QUADFUTURE stock, go to TipRanks’ Overview page.