Rolta trades jubilantly on winning Smart City and 3D Mapping projects worth $15 million

06 Aug 2015

Rolta India is currently trading at Rs. 129.35, up by 7.75 points or 6.37% from its previous closing of Rs. 121.60 on the BSE.

The scrip opened at Rs. 123.80 and has touched a high and low of Rs. 131.80 and Rs. 123.80 respectively. So far 879386 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 196.80 on 28-Feb-2015 and a 52 week low of Rs. 88.15 on 17-Dec-2014.

Last one week high and low of the scrip stood at Rs. 131.80 and Rs. 112.30 respectively. The current market cap of the company is Rs. 2116.64 crore.

The promoters holding in the company stood at 51.35% while Institutions and Non-Institutions held 16.21% and 31.93% respectively.

Rolta India has been awarded Smart City and 3D Mapping with City Modeling projects in the Middle East, for a combined value around $15 million. This recognizes company’s unique ability to combine its domain expertise with productized Smart City Solutions that fundamentally change how agencies and governments fulfill their missions. This is a natural evolution and extension of the company’s pioneering 3D Mapping which lays a foundation for sophisticated Smart City applications. The company’s innovative smart city solutions consolidate numerous agency centric systems, while 3D mapping offers visually rich means of collaboration and communication of spatial data.

These wins follow on the heels of numerous other success stories in the region and globally, often garnering recognition and awards from prestigious customers and leading industry bodies. The company’s growing portfolio of IP led smart city solutions serve diverse needs, including Asset management, economic development, safety & security, national spatial data infrastructure, governance, urban planning, environment, transportation and many more.

Rolta India conducts business in India, and internationally through subsidiaries in various countries. Rolta is a leading provider of innovative IT solutions built around its intellectual property for many vertical segments, including Federal and State Governments, Defence, Homeland Security, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.

 

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