Micro Technologies trades higher on the bourses

30 Dec 2011 Evaluate

Micro Technologies is currently trading at Rs 155.90, up by 1.40 points or 0.91% from its previous closing of Rs 154.50 on the BSE.

The scrip opened at Rs 155.20 and has touched a high and low of Rs 156.00 and Rs 154.00 respectively. So far 11799 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 172.50 on 04-Jan-2011 and a 52 week low of Rs 99.00 on 11-Aug-2011.

Last one week high and low of the scrip stood at Rs 158.00 and Rs152.00 respectively. The current market cap of the company is Rs 223.44 crore.

The promoters holding in the company stood at 36.06% while Institutions and Non-Institutions held 1.26% and 62.66% respectively.

Micro Technologies (India) will provide its building management system and intelligence surveillance system to the electricity regulatory boards. The company after digging into various sectors has embarked upon the power sector by taking the task of safeguarding one of the largest regulatory boards.

The company would deploy Micro ISS which would help the electricity board to efficiently monitor and safeguard the premises which is presently a concern due to the huge and complicated infrastructure.

Micro ISS is a perfect solution for the electricity board as it can be customized as per requirement. It gives 24/7 live monitoring of the premises from a centralized station with the help of various cameras installed. Besides, the authority can view the recording at the server at any point of time from anywhere in the world.

Micro Technologies (India) is an IT based company, a leading global developer, manufacturer and marketer of security devices for its clients across the globe. The product line of the company includes much-needed security devices, life style and support systems and web-based software.

Peers
Company Name CMP
TCS 3833.95
Infosys 1444.05
HCL Tech. 1332.95
Wipro 461.05
Tech Mahindra 1304.80
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