Micro Technologies rises on entering into partnership with Sincere Architects

17 Jul 2012 Evaluate

The scrip is currently trading at Rs. 71.45, up by 1.20 points or 1.71% from its previous closing of Rs. 70.25 on the BSE.

The scrip opened at Rs. 70.20 and has touched a high and low of Rs. 73.95 and Rs. 70.00 respectively. So far 7,068 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 91.38 on 22-Mar-2012 and a 52 week low of Rs. 49.50 on 11-Aug-2011.

Last one week high and low of the scrip stood at Rs. 73.95 and Rs. 69.03 respectively. The current market cap of the company is Rs. 222 crore.

The promoters holding in the company stood at 33.74% while Institutions and Non-Institutions held 1.02% and 65.21% respectively.

Micro Technologies (lndia), a leading global developer and marketer of IT, Security devices and solutions has partnered with Sincere Architects Engineers, to provide an effective and a comprehensive technology and security cover at the 1.2 million square feet World Trade Park (WTP), the fast emerging largest business hub.

The high profile association would give the best of the technology to this project in meeting critical security needs and facilitations to its users. The company has already started implementing the contract and the project work is going apace on schedule. The successful completion of this augurs well for the company in other similar mega ventures.

Micro Technologies, is a leading India-based IT company that offers cutting edge security solutions. The company aims to display not just the technological innovation and prowess, but also the product diversity in various segments of vehicle, premises, mobile, other assets and energy and health segments.

Peers
Company Name CMP
TCS 3872.00
Infosys 1474.55
HCL Tech. 1355.35
Wipro 466.60
Tech Mahindra 1339.95
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.