Precision Electronics Ltd Awarded Order Worth About Rs 37 Crore from Ministry of Home Affairs
Precision Electronics Ltd has secured a significant contract worth approximately Rs 37 Crore, awarded by the Ministry of Home Affairs, Government of India. The order pertains to the supply of Surveillance Systems along with necessary accessories and represents a major business development for the company.The contract is domestic in nature and is scheduled to be executed within the current financial year (2026-27). Due to confidentiality and commercial sensitivity regarding national security matters, the specific name of the entity awarding the order could not be disclosed.
Precision Electronics Ltd confirmed that there are no interests held by its promoters or promoter group companies in the Ministry of Home Affairs. Furthermore, the contract does not fall under related party transactions.
Key details pertaining to the substantial government order are summarized below:
| Aspect | Detail |
|---|---|
| Entity Awarding Order | Ministry of Home Affairs, Government of India |
| Nature of Contract | Supply of Surveillance Systems with accessories |
| Transaction Type | Domestic |
| Order Value | About Rs 37 Crore |
| Execution Timeline | Within the current financial year (2026-27) |
The acquisition of this contract highlights Precision Electronics Ltd’s capabilities in supplying specialized surveillance systems to government entities.
Stock Price Movement
Precision Electronics Ltd shares settled at ₹149.55 on Friday, registering a 0.50% decline. The stock traded within an intraday range, moving between a high of ₹155.00 and a low of ₹148.10.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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