Quadrant Future Tek surges on receiving LoA worth Rs 20.19 crore from PLW
The order is to be executed in three tranches, with the final tranche scheduled for delivery on or before March April 15, 2027
Quadrant Future Tek is currently trading at Rs. 316.90, up by 4.75 points or 1.52% from its previous closing of Rs. 312.15 on the BSE.
The scrip opened at Rs. 319.90 and has touched a high and low of Rs. 322.60 and Rs. 314.65 respectively. So far 6850 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 544.00 on 21-Apr-2025 and a 52 week low of Rs. 248.70 on 18-Dec-2025.
Last one week high and low of the scrip stood at Rs. 322.60 and Rs. 291.70 respectively. The current market cap of the company is Rs. 1272.00 crore.
The promoters holding in the company stood at 70.00%, while Institutions and Non-Institutions held 3.11% and 26.90% respectively.
Quadrant Future Tek has received a Letter of Acceptance (LoA) worth Rs 20.19 crore (including taxes) from Patiala Locomotive Works (PLW). The LoA is for supply, installation, testing and commissioning of onboard KAVACH Loco Equipment Ver- 4.0 as per RSDO Specification with Warranty. The order is to be executed in three tranches, with the final tranche scheduled for delivery on or before March April 15, 2027.
Quadrant Future Tek is engaged in the business of manufacturing of speciality cables and design, development & manufacturing of embedded systems for railway signalling & train control applications.

