Canarys Automations Limited has announced the securing of a major order worth ₹5.9 crore from CompViz Technologies. This new order follows a series of large orders secured by the company in the past few months, including a ₹15.54 crore project from the Tamil Nadu Water Resources Department.
Major points:
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Contract value: ₹5.9 crore from CompViz Technologies
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Follows recent ₹15.54 crore order from Tamil Nadu government
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Aligns with Canarys' emphasis on digital innovation and automation solutions
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Contributes to the company's increasing order book, now over ₹20 crore in Q1 2025
This new order highlights Canarys Automations' strong market position in delivering innovative digital solutions. The company's recent series of successes, including projects in water resource management and IT services, showcases its versatility across various sectors.
Canarys Automations' shares closed on March 11, 2025, at ₹27.55 with a market value of ₹155 crore. The firm continues to increase its footprint in both the government and private sector contracts.
Sources: Canarys Automations Limited Regulatory Filing, Business Standard, March 21, 2025