As per the filing, the LoA is for the work of "conducting Traffic Surveys at identified locations in Zone - 3 (in the States of Rajasthan and Haryana) using Portable Automatic Traffic Counter & Classifier (ATCC) Systems along with videography for period of 01 year, extendable up to additional 01 at sole discretion of IHMCL, as per terms and conditions specified in the RFP & its Corrigendum" from the Indian Highways Management Company Limited.
At around 10:50 AM, Dhruv Consultancy was trading at Rs59.10 per share higher by 1.90% on the BSE.
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