Quadrant Future Tek Secures Contract from Patiala Locomotive Works for KAVACH Loco Equipment
Quadrant Future Tek Ltd has announced the successful receipt of a Letter of Acceptance for a significant contract from Patiala Locomotive Works (PLW). The agreement covers the supply, installation, testing, and commissioning of Onboard KAVACH Loco Equipment Ver- 4.0, including a warranty.The contract, secured on April 15, 2026, holds a value of Rs. 20,19,27,500/- (Rupees Twenty Crores Nineteen Lakhs Twenty-Seven Thousand Five Hundred Only), including taxes.
The order is classified as a domestic contract and pertains to the technical offer for the supply, installation, testing, and commissioning of the advanced KAVACH Loco Equipment. The execution of the contract is scheduled to take place in three tranches, with the final delivery anticipated on or before March 15, 2027.
The contract details highlight the following key operational points:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Patiala Locomotive Works (PLW) |
| Nature of Order | Supply, Installation, Testing and Commissioning of Onboard KAVACH Loco Equipment Ver- 4.0 |
| Contract Value | Rs. 20,19,27,500/- (Including taxes) |
| Domestic Status | Domestic |
| Execution Timeline | Three tranches, final tranche scheduled for delivery on or before March 15, 2027 |
Stock Price Movement
Quadrant Future Tek Ltd shares settled at ₹312.15 today, edging higher by 3.48% at the close of trading. Throughout the day, the stock navigated between a low of ₹306.05 and an intraday peak of ₹318.05.Source:
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