Cerebra Integrated Technologies is currently trading at Rs 21.65, up by 0.10 points or 0.46% from its previous closing of Rs. 21.55 on the BSE.
The scrip opened at Rs 21.70 and has touched a high and low of Rs 21.80 and Rs 21.50 respectively. So far 157698 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.75 on 15-Dec-2015 and a 52 week low of Rs. 9.15 on 11-Jun-2015.
Last one week high and low of the scrip stood at Rs. 23.30 and Rs. 19.70 respectively. The current market cap of the company is Rs. 209.20 crore.
The promoters holding in the company stood at 4.75% while Non-Institutions held 95.25%.
The Office of the Commissioner for Transport and Road Safety, Transport Department, Government of Karnataka has finalized a project to automate the process of conducting driving tests and the issuance of licenses at select RTO centers across the state through a contract signed with Cerebra Integrated Technologies. The Automated Driving Test System (ADTS) is an endeavor by Karnataka Transport Department to standardize and automate the procedure of evaluating the driving skill of a person before granting him a license.
The total value of the solution including software, servers and other related hardware, etc is estimated to be Rs 21.60 crore including a five years contract to implement, run and maintain. This project, once implemented, will be an excellent reference for our enterprise solutions business to approach other State Governments across the Country.
ADTS, a major step for Cerebra who provides total solutions to its clients, covers the entire process for obtaining a license test and on passing the test the data is transferred to the existing system and covers the entire process from biometric registration, parallel parking track, up-gradient track, 8 track & S track. Separate tracks are formed for Motorcycles, LMVs and HTVs.
Cerebra Integrated Technologies is a global services provider delivering business solutions that meet the core objectives of its clients. Cerebra has its manufacturing facility in Peenya and ITeS division in Yeshwanthpur, Bangalore that create solutions around specific needs of its esteemed clients. Cerebra, delivers value to customers through process excellence, quality and service.
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