Firstobject Technologies touches roof on bagging order to supply digital smart class solution

06 Dec 2016

Firstobject Technologies is locked at upper circuit limit at Rs. 10.18, up by 0.48 points or 4.95% from its previous closing of Rs. 9.70 on the BSE.

The scrip opened at Rs. 9.90 and has touched a high and low of Rs. 10.18 and Rs. 9.71 respectively. So far 2,232 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 14.05 on 08-Nov-2016 and a 52 week low of Rs. 4.96 on 04-Apr-2016.

Last one week high and low of the scrip stood at Rs. 10.18 and Rs. 8.81 respectively. The current market cap of the company is Rs. 10.59 crore.

The promoters holding in the company stood at 62.85%, while Non-Institutions held 37.15% respectively.

Firstobject Technologies has received an order to supply its digital smart class solution, ‘First eSchool’, from the office of the District Collector, Sanga Reddy District, Telangana State. The company will have to supply digital content for Primary and Secondary schools in Telugu medium and English medium.

The order includes installation of content in 253 Government schools such as SC corporation schools & hostels, tribal & social welfare schools, minority & BC welfare schools and all government schools under education department of Sanga Reddy district.

Firstobject Technologies is committed in offering quality educational products mapped to the Maharashtra State Board syllabus in vernacular languages at affordable rates. Apart from Marathi, Firstobject has been catering to the AP State Board and has already installed its products in a number of prestigious institutions.


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