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Onward Technologies soars on partnering with SAP to distribute and resell intelligent ERP Suite

07 Jan 2019 Evaluate

Onward Technologies is currently trading at Rs. 72.45, up by 1.60 points or 2.26% from its previous closing of Rs. 70.85 on the BSE.

The scrip opened at Rs. 72.25 and has touched a high and low of Rs. 73.65 and Rs. 68.95 respectively. So far 1838 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 136.90 on 08-Jan-2018 and a 52 week low of Rs. 45.60 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 76.90 and Rs. 58.00 respectively. The current market cap of the company is Rs. 114.12 crore.

The promoters holding in the company stood at 57.84%, while Institutions and Non-Institutions held 0.05% and 42.10% respectively.

Onward Technologies has entered into strategic partnership with SAP SE which will allow the former to sell and support end to end ERP implementation focused on SAP S/4HANA - providing customers with an accelerated path for digital transformation.

As part of the agreement, Onward Technologies will market, distribute and sublicense SAP HANA solution software as a bundled product to their customers with a prime focus on SAP S/4HANA. The company will integrate its existing engineering portfolio and value-added services with SAP HANA and customize them to address an organization’s specific needs, such as business intelligence (BI) and analytics, across industries. This will help enterprises simplify increasingly complex business processes and upgrade their infrastructure.

SAP S/4HANA is a market-leading real-time enterprise resource planning suite built on our advanced in memory platform, SAP HANA. With over 9,500 customers globally, this solution has enabled companies of every size, capture critical opportunities in the digital world. By removing common obstacles associated with legacy ERP applications, the S/4HANA has helped simplify the IT landscape and in turn digitally transform companies.

Onward Technologies is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.

Onward Technologies Share Price

254.35 -6.75 (-2.59%)
17-Apr-2026 16:59 View Price Chart
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