Tera Software is locked at upper circuit limit at Rs. 50.30, up by 8.35 points or 19.90% from its previous closing of Rs. 41.95 on the BSE.
The scrip opened at Rs. 42.95 and has touched a high and low of Rs. 50.30 and Rs. 42.95 respectively. So far 28241 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.00 on 09-Jan-2018 and a 52 week low of Rs. 22.65 on 11-Oct-2018.
Last one week high and low of the scrip stood at Rs. 50.30 and Rs. 38.20 respectively. The current market cap of the company is Rs. 62.93 crore.
The promoters holding in the company stood at 47.45%, while Non-Institutions held 52.55% stake in the company.
Tera Software has bagged a work order worth of Rs 324.89 crore from Andhra Pradesh State FiberNet (APSFL) and the company has signed an agreement with APSFL to act as Project Implementation Agency for BharatNet Phase-II works to establish Optical Fibre Grid Network (Supply, installation and Commissioning) in 3394 Gram Panchayats in the state of Andhra Pradesh to be commissioned in 12 months and further O&M for the period of 7 years.
Tera Software is a provider of integrated IT solutions. The company provides complete solutions from proof of concept to wide area replication in many e-governance verticals like education, registration, utilities, transportation, health, distribution, administration, co-operatives and agri-marketing; total turnkey system integration and networking solutions for banks, PSUs, defence and research organizations.
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Tech Mahindra | 1249.65 |
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