Rolta surges on bagging $13 million contract for engineering systems

14 Sep 2015 Evaluate

Rolta India is currently trading at Rs. 103.30, up by 5.30 points or 5.41% from its previous closing of Rs. 98.00 on the BSE.

The scrip opened at Rs. 98.40 and has touched a high and low of Rs. 103.70 and Rs. 98.40 respectively. So far 2,24,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 196.80 on 28-Feb-2015 and a 52 week low of Rs. 84.55 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 103.70 and Rs. 92.00 respectively. The current market cap of the company is Rs. 1,653.00 crore.

The promoters holding in the company stood at 51.35% while Institutions and Non-Institutions held 16.21% and 31.93% respectively.

Rolta India has bagged additional $13 million contract for Engineering Information Asset Solution it has designed, developed and deployed for one of the world’s largest petrochemical complexes.

The company has leveraged its world class capabilities in engineering work processes, application systems, information technology and systems integration to design, develop and deploy this robust Engineering Information Asset Solution. The solution also contains the integration of key engineering systems and information to support the complex work processes required by engineering studies, projects and management of change for as-built facilities.

During this new phase of work, the ocmpany will load the system with engineering data, documents and drawings which provide the critical technical engineering information required to operate the plant. The multifaceted project requires Rolta’s in depth understanding of complex engineering metadata and tags to populate the system with engineering data that has been received from EPCs around the world. The project is being managed by a global Rolta team working out of the United States, India and the Middle East.

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.


Rolta India Share Price

5.26 0.00 (0.00%)
01-Jul-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3959.50
Infosys 1615.45
HCL Tech. 1474.50
Wipro 539.70
Tech Mahindra 1470.85
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.