SIS wins order worth Rs300cr
Security and Intelligence Services, India (SIS) has bagged an order worth Rs300cr from Cognizant Technologies to provide security solutions to 47 facilities of the latter, the company said in a press release to the exchanges on Thursday.
An order has been received to deploy around 5,000 security personnel in different categories to provide security services across 47 sites of Cognizant at Chennai, Bangalore, Kochi, Coimbatore, Pune, Mumbai, and Kolkata, the company said. SIS is expected to commission the work in October 2018.
Security and Intelligence Services India is currently trading at Rs911.80, down by Rs19.8 or 2.13% from its previous closing of Rs931.60 on the BSE.
The scrip has opened at Rs923.85. It has touched a high and low of Rs943.05 and Rs911.75, respectively. So far 6,948 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs6,828.66cr.
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