Dhara Rail Projects Secures Work Order Worth Rs 59.75 Lakh from North Western Railway
Dhara Rail Projects Limited has secured a work order valued at Rs 59,75,105.60 from the North Western Railway. The contract involves conducting preventive schedule maintenance, operation, troubleshooting, and up-keeping of an electrical substation for two years.The order was awarded by the Divisional Electrical Engineer/TRD/JU, Jodhpur Division Electrical, DRM Office, North Western Railway, located in Jodhpur, Rajasthan. This domestic contract provides Dhara Rail Projects Limited with a multi-year mandate concerning critical rail infrastructure maintenance.
The key details of the secured contract are as follows:
| Particulars | Details |
|---|---|
| Entity awarding the order | Divisional Electrical Engineer/TRD/JU, North Western Railway |
| Nature of contract | Preventive Schedule maintenance, operation, trouble shooting and up-keeping of Electrical substation at MTD & DNA |
| Contract duration | Two years (24 Months) |
| Commercial consideration | Rs 59,75,105.60 (including GST) |
| Promoter interest | None |
The contract details confirmed that there is no interest from the promoter or promoter group in the entity awarding the order. Furthermore, the work falls outside the category of related party transactions.
DHARARAIL Stock Price Movement
Dhara Rail Projects Limited saw its stock climb today, settling at ₹162.20 after the equity rallied by 1.38%. This positive movement occurred amidst a trading volume of 23,000 shares for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.