This IT Company Is Awarded Pune Safe City (FY 2024) Project For A Total Contract Value Of Rs 430+ Crore

The company has a market cap of over Rs 1,600 crore and gave multibagger returns of over 160 per cent from its 52-week low of Rs 110.65 per share.

Allied Digital Services Limited, a global leader in IT services and a Master System Integrator (MSI), announced that it has been awarded the prestigious Pune Safe City Project. This significant project will see Allied Digital design, architect, integrate, implement, and customize a comprehensive set of solutions to enhance Pune's security infrastructure. The six-year contract, in collaboration with the Pune Police and the Government of Maharashtra, Home Department, will result in the deployment of more than 4,000 Artificial Intelligence (AI) enabled cameras across 1,400+ strategic locations throughout Pune city, significantly elevating the city's surveillance capabilities.

Key project highlights include:

• Comprehensive surveillance: Track 1 of the project shall cover O&M of the existing cameras for a period of 6 years and track 2 shall cover Implementation of new infrastructure over 12 months followed by 5 years of O&M.
  Advanced technology: The project will feature advanced Artificial Intelligence-enabled video analytics, an Automatic Number Plate Recognition (ANPR) system, a Vehicle Over speed Detection System (VDS) a Facial Recognition System (FRS), Drones, and Mobile surveillance vans to ensure robust security and monitoring.
• Upgraded infrastructure: The Command-and-Control Center at the Commissioner of Police office and supporting Data Center will be upgraded with the implementation of additional capacity and installation of advanced software leading to improved efficiency and 24x7 real-time monitoring. Additional viewing facilities will be established at various police stations and key government offices.

About the Company

Allied Digital Services Limited is a BSE/NSE-listed Global leader in Information Technology consulting and services, since 1984. HQ in Mumbai, India, with a Global managed service provider and Master Systems Integrator, offering infrastructure solutions and services to clients in 70-plus countries. The service portfolio ranges from cloud enablement, cyber security, integrated solutions, infrastructure management, software services and workplace services. It is the first Indian company to have executed a Smart City Project with our Pune City Surveillance project delivery in 2015. The company has a global workforce of 3,000 plus professionals, local support functions and governance frameworks and offers its expertise and services to several Fortune 500 companies.

The company has a market cap of over Rs 1,600 crore and gave multibagger returns of over 160 per cent from its 52-week low of Rs 110.65 per share. Investors should keep an eye on this small-cap IT stock.

Disclaimer: The article is for informational purposes only and not investment advice.