Monarch Surveyors Bags Contract for Track Measurement Services from Southern Railway
Monarch Surveyors and Engineering Consultants Limited has secured a Letter of Acceptance for providing project management services to Southern Railway. The contract covers Pre & Post Tamping Track Measurements using a Portable Track Geometry Measurement Trolley System (Gedo Survey) for Design Mode Tamping across all lines in the MSB-VM Section.The total value of the awarded project stands at Rs. 2,02,00,500.24/-.
This operational contract involves the company executing measurements and providing services within the railway infrastructure. The work is classified as domestic, with the consideration mechanism being cash. The project aims for completion within 10 months from the date the Letter of Acceptance was issued.
The key details regarding the contract and the target entity are as follows:
| Particulars | Details |
|---|---|
| Target Entity | Southern Railway |
| Scope of Work | Pre & Post Tamping Track Measurements using Portable Track Geometry Measurement Trolley System (Gedo Survey) for Design Mode Tamping on all lines in MSB - VM Section |
| Contract Value | Rs. 2,02,00,500.24/- |
| Awarding Entity | Domestic Entity |
| Consideration | Cash Consideration |
| Estimated Completion Period | 10 months from the date of issue of Letter of Acceptance |
Monarch Surveyors and Engineering Consultants Limited was previously known as Monarch Surveyors and Engineering Consultants Private Limited.
Stock Price Movement
At the close of trade today, Monarch Surveyors and Engineering Consultants Ltd settled at ₹224.00, recording no change for Monday. Shares traded within a notable range today, touching a high of ₹228.50 but dipping as low as ₹220.05.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.
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