Tera Software to empanelment with Unique Identification Authority of India (AADHAAR) project, a prestigious project of Government of India to enroll 120 crore population, as T2F4 vendor in 15 States

February 8, 2011 at 1:52 pm | Posted in New Business | Comments Off on Tera Software to empanelment with Unique Identification Authority of India (AADHAAR) project, a prestigious project of Government of India to enroll 120 crore population, as T2F4 vendor in 15 States

http://www.indiainfoline.com/Markets/News/Tera-Software-stock-jumps-on-bagging-UID-project/4987047912

Tera Software stock jumps on bagging UID project

India Infoline News Service / 17:30 , Nov 10, 2010 Tera Software to empanelment with Unique Identification Authority of India (AADHAAR) project, a prestigious project of Government of India to enroll 120 crore population, as T2F4 vendor in 15 States Shares of Tera Software Ltd. rose as much as 18.29% after the company said that it has received a letter from Maharashtra in 36 Tehsils and 15 Municipal Corporations, including Greater Mumbai, Navi-Mumbai, Pune, Kolhapur, Nagpur and the like for the empanelment with the Unique Identification Authority of India (AADHAAR) project. The stock closed at Rs. 59.70, up Rs. 5.85 or 10.86%. The stock touched an intra day high of Rs.63.70 and an intra day low of Rs. 52.50. Total Traded Quantity stood at 10.11 lakh shares. Earlier, Tera Software got empaneled with AADHAAR, a prestigious project of the Government of India to enroll 1.2bn population, as T2F4 vendor in 15 States. The value of the Maharashtra work order would be approximately Rs. 450mn, covering 15mn population over a period of one year. This would enable the Company to fulfill its aim to be in the first five companies to deliver the services in the UIDAI (AADHAAR) project, Tera Software said.