Monday, May 16, 2011

1305 - Tera Software Pockets New Orders Worth Rs 62.74 Cr; Stock Surges-Source- News Tonight

SUBMITTED BY SHREYA BASU 
ON WED, 05/11/2011 - 06:34

Tera Software has pocketed two deals worth Rs 62.74 crore.

The company has received UIDAI deal from Dena Bank, Central Bank of India, SBT, State Government of Goa for AADHAAR execution.

The work order is valued at Rs 48.67 crore.

The other deal has been bagged from Electronics Corporation of India, Hyderabad worth Rs 14.07 crores for execution of National Population Registry pertaining to the State of West Bengal.

Recently, Tera Software received UIDAI and NPR projects worth Rs 76.20 crores.

Tera Software Limited offers up integrated IT and software solutions in the country as well as abroad.

The company fulfills the demands of business organizations, banking institutions, state-owned undertakings, defense, and research organizations.

The company was established in the year 1994 and is based in Hyderabad, India.

At 11:13 a. m., the stock of the company surged 2.4% to trade at Rs 52.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 66.60 and a low of Rs 31.30 on BSE.