Zicom advances with arm launching Managed Security Services in Hyderabad

Zicom Electronic Security Systems is currently trading at Rs. 43.15, up by 1.20 points or 2.86% from its previous closing of Rs. 41.95 on the BSE.

The scrip opened at Rs. 43.05 and has touched a high and low of Rs. 43.85 and Rs. 41.45 respectively. So far 10,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 135.90 on 06-Jan-2016 and a 52 week low of Rs. 35.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 43.85 and Rs. 41.10 respectively. The current market cap of the company is Rs. 87.16 crore.

The promoters holding in the company stood at 20.98%, while Institutions and Non-Institutions held 1.15% and 77.87% respectively.

Zicom Electronic Security Systems’ wholly owned subsidiary- Zicom SanS has launched Managed Security Services in the city of Hyderabad under ‘Make Hyderabad Safe’ Initiative. Under this Initiative, the company offers holistic 3 layered security services to 'Make Hyderabad Safe' (MYCS) which includes Home Security Products, CCTV surveillance services with 'Zero investment, Zero management' of the equipment and Out-of-Home (OOH) ZIMAN, subscription based 'Personal Safety Services.

Zicom SanS, which is in the business of Internet of Things (loT), is targeting over 2,000 users for 2017-18. The USP of the services being 24x7 remote system health check of the CCTV Surveillance System  through its State-of-The-Art Zicom Command Centre eliminating user’s burden of monitoring and ensuring the CCTV surveillance system functioning. At present MYCS Services are being offered in Mumbai and Pune cities with more than 4,500 happy users availing these monthly services to keep their premises safe and secure. MYCS  is a social initiative by company that aims to make housing societies / hospitals / educational institutes, more secure by equipping them with high quality CCTVs that requires ‘zero investment, zero management’.

Zicom Electronic Security Systems is engaged in the business of developing security systems. The company offers a wide array of products and solutions such as CCTV surveillance system, access control system, fire alarm system, multi-apartment video door phones, alarm system, fingerprint locks, video door phones and telecom tower security as well as advanced security training and management.