WEP Solutions strengthens on entering into distributorship agreement with Ricoh

30 Oct 2019 Evaluate

WEP Solutions is currently trading at Rs. 17.55, up by 1.55 points or 9.69% from its previous closing of Rs. 16.00 on the BSE.

The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 19.20 and Rs. 15.10 respectively. So far 23230 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.05 on 28-Nov-2018 and a 52 week low of Rs. 12.00 on 16-Aug-2019.

Last one week high and low of the scrip stood at Rs. 19.20 and Rs. 15.00 respectively. The current market cap of the company is Rs. 46.10 crore.

The promoters holding in the company stood at 41.30%, while Non-Institutions held 58.70% stake in the company.

WEP Solutions has entered into a Distributorship Agreement with Ricoh Asia Pacific Operations (Ricoh) for sale and service of Ricoh products for the entire Indian Market.

The product range offered by Ricoh complements the current product and services offering of WEP. With Ricoh products, WEP will now be able to address entire segment of digital printing market including office automation, industrial and commercial printing.

WEP Solutions is into the business of providing Managed Printing Solutions.

WEP Solutions Share Price

33.27 -1.13 (-3.28%)
20-Dec-2024 16:59 View Price Chart
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