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MRO-TEK Realty shines on winning overseas project worth $1.32 million

05 Sep 2018 Evaluate

MRO-TEK Realty is currently trading at Rs. 49.00, up by 2.25 points or 4.81% from its previous closing of Rs. 46.75 on the BSE.

The scrip opened at Rs. 49.00 and has touched a high and low of Rs. 49.00 and Rs. 49.00 respectively. So far 2443 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 69.00 on 20-Jun-2018 and a 52 week low of Rs. 18.50 on 05-Apr-2018.

Last one week high and low of the scrip stood at Rs. 49.00 and Rs 41.65 respectively. The current market cap of the company is Rs. 87.35 crore.

The promoters holding in the company stood at 51.31%, while Non-Institutions held 48.69% stake in the company.

MRO-TEK Realty has received an overseas project award from Singapore based Company for a RFID based high speed vehicular traffic metering and toll collection in an Indian Ocean Region Country valued at $1.32 million one-time value and ongoing three years operation / maintenance recurring revenue estimated about $1.3 million per annum in addition to the one time project income.

MRO-TEK started with the initial focus on network computing with indigenously developed Line Drivers and Modems. The company today is a leader in the networking and last mile access segment.

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