Alphalogic Industries Wins Order from Zepto for Storage Racking System
Alphalogic Industries Ltd has secured an order from Kiranakart Technologies Private Limited, popularly known as 'Zepto'. The contract involves the design, manufacture, supply, and installation of a Storage Racking System.The order is for multiple units across different locations, specifically in Indore in Madhya Pradesh, Mumbai in Maharashtra, and Hariyala in Gujarat.
In terms of the contract details, the following information was provided:
| Particulars | Details |
|---|---|
| Name of the awarding entity | Kiranakart Technologies Private Limited (popularly known as 'Zepto') |
| Scope of Work | Design, manufacture, supply and installation of Storage Racking System |
| Entity Type | Domestic Entity |
| Nature of Work | Design, manufacture, supply and installation of Storage Racking System |
| Contract Period | Within this Quarter |
| Order Consideration | Rs 1,17,74,459/- (Rupees One Crore Seventeen Lakh Seventy-Four Thousand Four Hundred Fifty-Nine Only) Inclusive of GST |
| Promoter Interest | No interest from the promoter/promoter group /group companies in the awarding entity |
| Related Party Transaction | No |
Stock Price Movement
At 12:02 PM, Alphalogic Industries Ltd shares are ticking up to ₹185.60, marking a 1.98% increase today. However, the stock is currently trading completely flat, locked right at the ₹185.60 price point throughout the session.Source:
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