Rolta India is currently trading at Rs. 118.80, up by 3.40 points or 2.95% from its previous closing of Rs. 115.40 on the BSE.
The scrip opened at Rs. 118.80 and has touched a high and low of Rs. 120.25 and Rs. 118.50 respectively. So far 124451 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 196.80 on 28-Feb-2015 and a 52 week low of Rs. 72.40 on 09-May-2014.
Last one week high and low of the scrip stood at Rs. 122.65 and Rs. 105.35 respectively. The current market cap of the company is Rs. 1861.74 crore.
The promoters holding in the company stood at 51.09% while Institutions and Non-Institutions held 15.51% and 32.75% respectively.
Rolta India, a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense and Homeland Security, has inked definitive agreements for establishing a Joint Venture (JV) with Meprolight, a leading International Electro-Optics company.
To be owned 51% by Rolta and 49% by Meprolight, the JV will take advantage of technology transfer from Meprolight for manufacturing and developing state-of-the-art Optronics devices based on Image Intensifier and Thermal Imaging technologies in India, for addressing the growing demand for night fighting capabilities by the Indian defence and security forces.
This JV will become operational on receipt of requisite approvals from respective Governments and leverage a broad spectrum of cutting-edge technologies, in the area of Optronics from Meprolight, and Rolta’s leadership position in the India, to address large requirements of defence, paramilitary forces and state police.
Rolta India conducts business in India, and internationally through subsidiaries in various countries. Rolta is a leading provider of innovative IT solutions built around its intellectual property for many vertical segments, including Federal and State Governments, Defence, Homeland Security, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.
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