India Infoline News Service / 11:27 , Nov 10, 2010
Tera Software to empanelment with Unique Identification Authority of India (AADHAAR) project, a prestigious project of Government of India to enroll 120 crore population, as T2F4 vendor in 15 States
Shares of Tera Software Ltd rose as much as 18.29% after company received letter from the State of Maharashtra in 36 Tehsils and 15 Municipal Corporations including Greater Mumbai, Navi-Mumbai, Pune, Kolhapur, Nagpur and the like to empanelment with Unique Identification Authority of India (AADHAAR) project, a prestigious project of Government of India to enroll 120 crore population, as T2F4 vendor in 15 States.
The stock is currentl trading at Rs. 61.30 up Rs. 7.45 or 13.83%. The stock touched intra day high of Rs. 63.70 and intra day low of Rs. 52.50. Total Traded Quantity stood at Rs. 5.28 lakh shares.
The value of the work order would be approximately Rs. 45 crores covering 1.5 crore population over a period of one year. This would enable the Company to fulfill its aim to be in the first five companies to deliver the services in the UIDAI (AADHAAR) project."