Shares of Connected Wireless Devices (CWD) Limited were trading in the green and 9% higher on 6 February after the company announced receiving an order worth Rs 25 crore.

In its regulatory filing, the company said that they have received an order worth Rs 25.20 crore for the supply of sound boxes, which has to be executed within 12 months.

The company added in its regulatory filing that the “Sound Boxes” is designed to revolutionise the fintech landscape, which has garnered widespread attention for its cutting-edge technology and user-centric features.

Furthermore, the company has formed a strategic alliance with a leading smart metre manufacturing, achieving over 100 100,000 successful installations; the company’s smart metre solution has proven its reliability and effectiveness in real-world scenarios.

The company has its headquarters in Mumbai and is an information and communication technology-based company engaging in the design, manufacturing, development, and selling of integrated solutions with the use of software and electronics. The company’s business segments include smart connectivity modules, electronics design, product design, connected products, and software design.

At 3:30 pm, the shares of CWD closed 6.20% higher at Rs 970 on NSE.