Odyssey Technologies advances on buying commercial property in Chennai

03 Nov 2016

Odyssey Technologies is currently trading at Rs. 68.35, up by 1.05 points or 1.56% from its previous closing of Rs. 67.30 on the BSE.

The scrip opened at Rs. 68.00 and has touched a high and low of Rs. 68.75 and Rs. 66.35 respectively. So far 5,637 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.30 on 01-Nov-2016 and a 52 week low of Rs. 25.40 on 14-Mar-2016.

Last one week high and low of the scrip stood at Rs. 70.30 and Rs. 58.20 respectively. The current market cap of the company is Rs. 60.59 crore.

The promoters holding in the company stood at 21.47%, while Non-Institutions held 78.53% respectively.

Odyssey Technologies has purchased a commercial property with a built-up area of 11,146 square feet situated at 5th Floor, Dowlath Towers, 63, Taylors Road, Kilpauk, Chennai for accommodating the Registered Office cum R & D Centre of the company.

The Registration formalities in respect of the aforesaid property acquired by the company have been duly completed and the company has acquired a clear marketable title pertaining to the said property.

Odyssey's products encapsulate Public Key Infrastructure (PKI) and focus on enabling online banking and business. Its products are plug-and-play and seldom require tinkering to the existing infrastructure of the organization or to the client side.

Related Odyssey Technologies Ltd. Links:

Odyssey Tech Share Price

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