Rolta India is currently trading at Rs. 174.00, up by 24.70 points or 16.54% from its previous closing of Rs. 149.30 on the BSE.
The scrip opened at Rs. 159.00 and has touched a high and low of Rs. 177.40 and Rs. 159.00 respectively. So far 42,18,000 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.40 on 27-Feb-2015 and a 52 week low of Rs. 69.30 on 14-Mar-2014.
Last one week high and low of the scrip stood at Rs. 177.40 and Rs. 134.90 respectively. The current market cap of the company is Rs. 2,815.00 crore.
The promoters holding in the company stood at 51.09% while Institutions and Non-Institutions held 15.51% and 32.75% respectively.
The Ministry of Defence (MoD) has selected the exclusive consortium of Bharat Electronics (BEL) and Rolta India as a Development Agency for the Battlefield Management System (BMS) project worth over Rs 50,000 crore. The BMS project, categorized as a ‘Make’ programme under the DPP, will be one of the largest solutions to be indigenously manufactured for the Indian Defence.
This prestigious project is meant to deliver command and control capabilities to the fighting echelons, operating at the forward edge of the Tactical Battle Area at the Battalion and Combat Group levels. BMS is a situational awareness and visualization system that aims to optimize the operational effectiveness of tactical units.
BEL has been proactively working on battlefield management systems. The company has established the test bed of BMS for continuous evaluation and implementation of user requirements. Rolta has also invested significantly in BMS technologies indigenously and has over the years delivered cutting-edge Command, Control, Intelligence, Surveillance and Reconnaissance (C2ISR) systems, to the Indian military.
Company Name | CMP |
---|---|
TCS | 3975.95 |
Infosys | 1659.45 |
HCL Tech. | 1533.20 |
Wipro | 541.25 |
Tech Mahindra | 1467.00 |
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