Rolta India gains on inking MoU with GeoEye, Inc

25 Apr 2012 Evaluate

Rolta India is currently trading at Rs. 90.15, up by 0.15 points or 0.17% from its previous closing of Rs. 90.00 on the BSE.

The scrip opened at Rs. 90.90 and has touched a high and low of Rs. 91.10 and Rs. 90.15  respectively. So far 13744 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 147.00 on 27-Apr-2011 and a 52 week low of Rs. 50.15 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 97.70 and Rs. 90.15 respectively. The current market cap of the company is Rs. 1458.42 crore.

The promoters holding in the company stood at 43.87% while Institutions and Non-Institutions held 30.86% and 23.25% respectively. 

Rolta India has signed a memorandum of understanding (MoU) to partner with GeoEye, Inc., a leading provider of geospatial information and insight. With this new partnership, Rolta gains access to GeoEye’s high-resolution satellite imagery, services and expertise to develop innovative geospatial products and services. Rolta plans to offer these GeoEye-enabled solutions to its customers across high-growth global markets, beginning with India.

Rolta is also exploring opportunities to leverage GeoEye’s imagery service and predictive analytics’ expertise to develop defense and homeland security solutions served from its Geospatial Fusion Platform to help users see, understand and anticipate change when lives are at risk.

Besides, Rolta also plans to develop intelligent 3-D city solutions for commercial users in urban planning, construction and infrastructure development. Ninety percent of the fastest-growing metropolitan economies are located outside North America and Western Europe and in regions such as Southern Asia. Rolta intends to offer these high-growth global markets financially viable 3-D model solutions developed from GeoEye satellite imagery.

GeoEye is a leading source of geospatial information and insight for decision makers and analysts who need a clear understanding of our changing world to protect lives, manage risk and optimize resources.

Rolta is a leading provider of innovative IT solutions for many vertical segments including utilities, governments, transportation, process, power, banking and insurance.

Rolta India Share Price

6.27 0.00 (0.00%)
13-May-2024 15:31 View Price Chart
Peers
Company Name CMP
TCS 3901.95
Infosys 1424.85
HCL Tech. 1319.95
Wipro 456.35
Tech Mahindra 1275.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.