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IT stock hits 5% upper circuit after securing extension order worth ₹107 Cr

Alex Smith

Alex Smith

18 hours ago

3 min read 👁 2 views
IT stock hits 5% upper circuit after securing extension order worth ₹107 Cr

Synopsis: The shares of the company surged today after receiving an extension on a major work order for three UP rural water projects, taking the estimated order value to Rs 107.07 crore and extending execution up to FY27.

The shares of the company that provides Enterprise Geospatial & Engineering Services and sale of software and electricity, in focus after the company order receipt in SWSM.

With a market capitalization of Rs. 1,901.51, Ceinsys Tech Ltd’s share on Wednesday made a day high of Rs 1,065.80 per share, up around 5 percent from its previous day’s close price of Rs 1,015.05 per share. The share has given a return of 678 percent over the last 5 years.

Significant Order

Ceinsys Tech Ltd has received an extension of its existing Letter of Award worth Rs 107.07 crore from the State Water and Sanitation Mission (SWSM), Uttar Pradesh, to continue as a consultant for Third Party Inspection (TPI) and monitoring of physical and financial progress for rural water supply projects. The extensions cover three clusters, Lucknow, Devipatan, and Chitrakoot awarded through a Quality and Cost Based Selection (QCBS) process.

The Lucknow and Devipatan clusters have been extended till March 31, 2027, with estimated order values of Rs 69.43 crore and Rs 34.28 crore, respectively, while the Chitrakoot cluster has been extended till March 31, 2026, with an estimated value of Rs 3.36 crore. The total estimated value of the extended work stands at Rs 107.07 crore, subject to actual project execution.

This will add to the company’s order book of Rs. 10,920 million as of September 30, 2025. This is contributed by its two segments, which are Geospatial & Engineering Services and Technology Solutions.

About the company 

CS TECH Ai (Ceinsys Tech Ltd.), a CMMI Level 5 certified company, was established in 1998. The company is a technology-driven enterprise delivering high-impact solutions across Geospatial, Engineering, Mobility, and Emerging Technologies. With a growing focus on Artificial Intelligence and Digital Transformation, CS TECH Ai empowers global clients by combining deep domain expertise with scalable, future-ready platforms.

Financial performance, revenue grew by 82 percent to Rs 163 crore, corresponding to the same quarter in the last financial year. Accompanied by a growth in EBDIT by 113 percent YoY to Rs. 35.6 crore in Q2 FY26, and the Net profit of the company grew by 121 percent YoY to Rs. 25.7 crore in Q2 FY26.

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