Soma Papers stock hits 5% upper circuit after securing project from Govt of Punjab; Check the order value

Synopsis: Soma Papers & Industries Ltd hit 5% circuit after its subsidiary, KS Smart Solutions, secured a Rs. 172.65 crore Punjab government project to modernize schools with 23,846 desktops and 23,207 UPS systems, enhancing digital education infrastructure, to be completed by April 2026.

This company  is a leading Indian coated paper manufacturer with nearly three decades of experience, producing 10,000 MT annually is now in focus after its subsidiary secured an order from the School Education Department, Government of Punjab

With a market capitalisation of Rs. 1,565 cr, the shares of Soma Papers & Industries Ltd are currently trading at Rs. 135.55 per share, locked at 5% upper circuit in today’s market session, up from its previous close of Rs. 129.10 per share. The stock has delivered strong returns, rising 89% over the past year, 97% in the last six months, and 71% in the past month.

About the order

Soma Papers and Industries Limited has informed that its wholly owned subsidiary, KS Smart Solutions Private Limited (KS Smart), has been awarded a significant IT infrastructure project by the School Education Department, Government of Punjab. The project is valued at approximately Rs. 172.65 crore (inclusive of taxes and duties) and is aimed at modernising educational institutions across the state.

The project involves the deployment and commissioning of IT infrastructure in government schools, comprising 23,846 mid-level desktop computers and 23,207 line-interactive UPS systems. KS Smart is responsible for the supply, installation, configuration, commissioning, and warranty support of all systems. 

The project is structured under an OEM-verified framework, ensuring traceable device identification, configuration integrity, and adherence to quality standards and statutory requirements.

The engagement is expected to be completed by April 2026, during which KS Smart will play a key role in enhancing Punjab’s digital education initiatives. By standardizing and scaling computing infrastructure across schools, the project aims to provide reliable and technologically advanced learning environments for students.

This order underscores KS Smart’s capability in large-scale IT deployments and positions Soma Papers to leverage growth opportunities in the digital education and government technology services sector.

About the company 

Soma Papers & Industries Ltd is an Indian company engaged in the manufacturing and marketing of paper and paperboard products. It serves diverse industries such as packaging, printing, and stationery, offering a range of high-quality paper solutions. The company focuses on modern production techniques and sustainable practices to cater to both domestic and international markets.

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