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WEP Solutions surges on being shortlisted to act as GST Suvidha Providers

13 Dec 2016

WEP Solutions is currently trading at Rs. 36.40, up by 5.45 points or 17.61% from its previous closing of Rs. 30.95 on the BSE.

The scrip opened at Rs. 32.90 and has touched a high and low of Rs. 37.10 and Rs. 32.90 respectively. So far 1,45,000 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.70 on 05-Jan-2016 and a 52 week low of Rs. 18.30 on 12-Aug-2016.

Last one week high and low of the scrip stood at Rs. 37.10 and Rs. 26.50 respectively. The current market cap of the company is Rs. 83.80 crore.

The promoters holding in the company stood at 42.54%, while Non-Institutions held 57.46% respectively.

WEP Solutions has been shortlisted as GST Suvidha Provider (GSP) by the Goods and Services Tax Network (GSTN), subject to the further process of signing final agreement with GSTN.

Towards this, the company developed in-house and demonstrated to GSTN its suite of solutions on its manufactured product range of ‘Billing Printers’ and Android based Tablet Device.

WEP Solutions provides information technology (IT) solutions to enterprise and mid market customers in India. It offers infrastructure management services, such as system integration, managed services, and security services etc.

Related WEP Solutions Ltd. Links:

WEP Solutions Share Price

21.05 0.90 (4.47%) Dec 01, 14:31
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323