Tera Software gains on bagging order worth Rs 16.18 crore from Karnataka govt

07 Oct 2014

Tera Software is currently trading at Rs. 24.15, up by 0.55 points or 2.33 % from its previous closing of Rs. 23.60 on the BSE.

The scrip opened at Rs 22.50 and has touched a high and low of Rs. 22.50 and Rs. 24.90 respectively. So far 61512 shares were traded on the counter.

The BSE group 'B ' stock of face value Re. 1 has touched a 52 week high of Rs. 31.00 on 02-July-2014 and a 52 week low of Rs. 14.35 on 10-March-2014.

Last one week high and low of the scrip stood at Rs. 24.90 and Rs. 21.60 respectively. The current market cap of the company is Rs. 30.22 crore.

The promoters holding in the company stood at 46.55%, while Non-Institutions held 53.45% of company’s stake.

Tera Software has received Letter of Intent from Government of Karnataka, Centre for e-Governance, Bangalore awarding the contract for establishing Permanent Aadhaar Enrolment Centers at 865 locations across Karnataka. The total order value is Rs 16.18 crore to be completed in 8 weeks period.

Tera Software provides complete solutions from proof of concept to wide area replication in many e-governance verticals like education, registration, utilities, transportation, health, distribution, administration, co-operatives and agri-marketing; total turnkey system integration and networking solutions for banks, PSUs, defence, and research organizations.

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