Palred Technologies surges on plan to invest Rs 3 crore in WOS company

09 Jan 2018

Palred Technologies is currently trading at Rs. 94.00, up by 1.00 points or 1.08% from its previous closing of Rs. 93.00 on the BSE.

The scrip opened at Rs. 93.00 and has touched a high and low of Rs. 94.50 and Rs. 93.00 respectively. So far 1740 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 181.80 on 24-Mar-2017 and a 52 week low of Rs. 84.05 on 09-Aug-2017.

Last one week high and low of the scrip stood at Rs. 94.50 and Rs. 89.10 respectively. The current market cap of the company is Rs. 90.90 crore.

The promoters holding in the company stood at 37.78%, while institutions and non-institutions held 8.39% and 53.83% respectively.

Palred Technologies has received an approval for the investment of Rs 3 crore at Rs 10 per share in Palred Technology Services, wholly owned subsidiary (WOS). The Board of Directors of the Company at its meeting held on January 08, 2018, considered and approved the same.

Palred Technologies is a provider of software solutions for transportation and logistics industry. It offers solutions in the areas of freight forwarding industry, customs brokerage, contract logistics, shipper logistics and services. The firm also provides services like consulting, software development and system integration and implementation.

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Palred Technologies Share Price

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