ASM Technologies is currently trading at Rs. 283.00, up by 2.70 points or 0.96% from its previous closing of Rs. 280.30 on the BSE.
The scrip opened at Rs. 280.50 and has touched a high and low of Rs. 285.00 and Rs. 274.70 respectively. So far 34218 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 280.30 on 12-Feb-2021 and a 52 week low of Rs. 49.20 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 280.30 and Rs. 255.60 respectively. The current market cap of the company is Rs. 142.20 crore.
The promoters holding in the company stood at 61.84%, while Institutions and Non-Institutions held 0.02% and 38.14% respectively.
ASM Technologies is going to setup an exclusive Centre of Excellence (CoE) for software defined networking, in partnership with Lavelle Networks Inc., an India based enterprise networking company backed among others by Ideaspring Capital and YourNest, leading angel investors focused on Technology startups. This deepens the existing relationship between the two companies, given they have already partnered to build great software that is running some of the finest enterprises in the country, and have delivered solutions together to drive customer success.
The explosive potential for SD-WAN (Software-defined networking in a wide area network) in emerging economies, and their massive public and private sector digital transformation initiatives has created the need for rapid innovation and agile software development on India's leading SD-WAN software platform - the Lavelle Networks' ScaleAOn technology.
Towards this end, the newCoE will solve cutting edge networking technology problems to drive better and better results for application experience in a rapidly digitising customer landscape. The companies are excited to announce that in their 11.0 (latest software release), the results of their collaboration have already gone to several production networks, and customers are happy to see the results in such a short time.
ASM Technologies (ATL) is a global engineering and product R&D company.
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| HCL Tech. | 1896.30 |
| Wipro | 305.25 |
| Tech Mahindra | 1706.30 |
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