Ceinsys Tech Share Price in Focus; Secures ₹28.17 Crore Order From Rite Water Solutions
Ceinsys Tech has picked up a new domestic order worth ₹28.17 crore from Rite Water Solutions (India) Limited. The Letter of Award was received on September 10, 2026.
The assignment covers equipment and services for electrical substations, with the work spread over a four-year contract period including warranty support.
Order Covers 125 Electrical Substations
The project involves the design, supply, installation, testing and commissioning of Station RTUs, FRTU/Remote IO modules and other related equipment.
These systems will be used to provide visibility of 125 electrical substations operating at 132/110/100 kV to SLDC and ALDC. The contract also carries a two-year warranty.
Four-Year Contract Includes Execution and Warranty
The total value of the award is ₹28.17 crore, excluding GST. According to the company’s disclosure, the contract runs for 48 months.
The first 24 months are allocated for execution, followed by another 24 months covering the warranty period.
Ceinsys Tech Share Price Performance
As of 10 September 2026, at 2:36 PM, Ceinsys Tech Ltd share price is trading at ₹681.95 per share, reflecting a decline of 0.89% from the previous trading session.
Conclusion
The ₹28.17 crore award adds another domestic project to Ceinsys Tech’s order book, with work involving substation monitoring infrastructure and a 48-month contract period. The company has not provided further financial guidance alongside the announcement.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
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Published on: Sep 10, 2026, 3:18 PM IST
Team Angel One
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