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Glodyne Technoserve inches higher on the bourses

Glodyne Technoserve Ltd. | IT - Software | IT & ITES | BSE: 532672 | NSE: GLODYNE

04 Jan 2012 Evaluate

Glodyne Technoserve is currently trading at Rs 236.00, up by 1.70 points or 0.73% from its previous closing of Rs 234.30 on the BSE.

The scrip opened at Rs 234.55 and has touched a high and low of Rs 237.95 and Rs 232.00 respectively. So far 101022 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 6 has touched a 52 week high of Rs 473.20 on 08-Apr-2011 and a 52 week low of Rs 190.55 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs 244.90 and Rs 227.70 respectively. The current market cap of the company is Rs 1033.84 crore.

The promoters holding in the company stood at 56.43% while Institutions and Non-Institutions held 7.61% and 35.96% respectively.

Glodyne Technoserve and Government of Maharashtra - Labour Department had under the public private partnership initiated the first of its kind and largest labour management system, ‘Mahashramm' in the Maharashtra state.

The pilot phase of the project has been completed in the district of Thane and the state wide rollout was initiated yesterday on December 03, 2012. The company with its strong credentials and its expertise is the total service provider to deploy this unique solution.

Mahashramm is a comprehensive system designed to interlink the industries, the shops and establishments, the construction contractors and other unorganized sector's employers through the Labour Department and Banks.

Glodyne Technoserve is a leading IT services company, headquartered in Mumbai, India with presence across India and US. Glodyne offers technology led business solutions across two SBUs i.e. Technology Infrastructure Management Services (Technology IMS) and Application Software Services.

Glodyne Technoserve Share Price

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Peers

Company Name	CMP
TCS	2524.35
Infosys	1292.35
HCL Tech.	1450.90
Wipro	204.85
Tech Mahindra	1440.40
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Glodyne Technoserve inches higher on the bourses

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