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GlobalSpace Technologies gains on acquiring 70.80% stake in Miljon Medi APP LLP

15 Jun 2018 Evaluate

Globalspace Technologies is currently trading at Rs. 67.00, up by 0.25 points or 0.37% from its previous closing of Rs. 66.75 on the BSE.

The scrip opened at Rs. 67.00 and has touched a high and low of Rs. 67.00 and Rs. 67.00 respectively. So far 2000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.20 on 31-May-2018 and a 52 week low of Rs. 59.80 on 31-Oct-2017.

Last one week high and low of the scrip stood at Rs. 69.95 and Rs. 60.00 respectively. The current market cap of the company is Rs. 76.47 crore.

The promoters holding in the company stood at 55.30%, while Non-Institutions held 44.70% stake in the company.

GlobalSpace Technologies has acquired 70.80% stake in Miljon Medi APP LLP for an undisclosed sum. Miljon Medi APP LLP is a health tech startup with B2B Digital Platform (Platform) that connects Generics pharmaceutical manufacturers to the entire Pharma channel till retail chemist. The company claims to have some of the leading Generics Manufacturers already on the Platform with an existing network of around 73 distributors & 9380 Chemists as its active users. Company’s vision is to enable quality & certified generics reach the last mile so as to benefit the patients.

For GlobalSpace, it’s a strategic acquisition which would further consolidate its vision of creating truly integrated digital healthcare ecosystem. The company is having thought leadership in creating digital platform for Pharma sales force & Doctors.

Globalspace Technologies is a fast growing technology company, working in the domain of cutting edge technologies like cloud, big data, artificial intelligence, robotics and machine learning.


Globalspace Tech Share Price

20.49 0.60 (3.02%)
17-Apr-2026 16:59 View Price Chart
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