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Tera Software trades jubilantly on completing project worth Rs 330 crore in Andhra Pradesh

27 Dec 2017 Evaluate

Tera Software is currently trading at Rs. 72.30, up by 8.50 points or 13.32% from its previous closing of Rs. 63.80 on the BSE.

The scrip opened at Rs. 72.00 and has touched a high and low of Rs. 73.95 and Rs. 70.00 respectively. So far 42592 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.60 on 04-Jan-2017 and a 52 week low of Rs. 52.20 on 19-Oct-2017.

Last one week high and low of the scrip stood at Rs. 73.95 and Rs. 61.20 respectively. The current market cap of the company is Rs. 91.15 crore.

The promoters holding in the company stood at 47.04%, while institutions and non-institutions held 0.07% and 52.89% respectively.

Tera Software has successfully completed the project worth Rs 330 crore, allotted by Andhra Pradesh State Fiber Net (AP FIBER) for implementation and Management of Aerial Optical Fiber Grid to establish state wide optical fiber network infrastructure in the state of Andhra Pradesh.

Tera Software is a provider of integrated IT solutions. The company provides complete solutions from proof of concept to wide area replication in many e-governance verticals like education, registration, utilities, transportation, health, distribution, administration, co-operatives and agri-marketing; total turnkey system integration and networking solutions for banks, PSUs, defence and research organizations.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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