Network People Services Technologies Secures Contract to Develop UPI TPAP Application for Maharatna PSU
Network People Services Technologies Limited has secured an order from a Maharatna Public Sector Undertaking for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. The company will operate as the Technology Service Provider (TSP) for this significant project.The contract involves delivering a solution based on a Software-as-a-Service (SaaS) model. This business structure is set to generate a recurring revenue stream for Network People Services Technologies Limited over the duration of the agreement.
The order, which falls within the normal course of the company's operations, positions NPST in the technology space supporting major public sector enterprises with UPI payment solutions.
NPST Stock Price Movement
Shares of Network People Services Technologies Limited slipped today, settling at ₹1549.20 after shedding ₹23.00 or 1.46% in post-market trading. The stock traded within a notable intraday range, moving from a low of ₹1512.90 to a high of ₹1599.00.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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