Datamatics Global Services is currently trading at Rs. 54.55, up by 3.25 points or 6.34% from its previous closing of Rs. 51.30 on the BSE.
The scrip opened at Rs. 54.70 and has touched a high and low of Rs. 55.90 and Rs. 53.60 respectively. So far 17,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 77.75 on 06-Jan-2016 and a 52 week low of Rs. 41.15 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 55.90 and Rs. 50.50 respectively. The current market cap of the company is Rs. 321.57 crore.
The promoters holding in the company stood at 72.75% while Institutions and Non-Institutions held 0.01% and 27.25% respectively.
A Consortium of Datamatics Global Services (DGSL) and Mikroelektronika have won the contract to provide Automatic Fare Collection (AFC) system for the North -South corridor (Phase 1A) of the Lucknow Metro Rail Project. The contract has been awarded to the Consortium at approximately Rs 64 crore to execute the automated fare collection systems for this prestigious Metro project of the Government.
As part of this contract, Datamatics and Mikroelektronika will be jointly responsible for the design, manufacture, supply, installation, testing and commissioning of the Automatic Fare Collection (AFC) System covering 22 metro stations in the first phase of this project. Datamatics and Mikroelektronika will implement state of art next generation contact less smart card based ticketing solution. Additionally, Datamatics and Mikroelektronika will also provide training for operations and maintenance personnel involved.
Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT), Engineering solutions (ES) and Business Process Outsourcing (BPO) services. The company provides business aligned next generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies.
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