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Micro Technologies trades in green on the BSE

08 Aug 2012 Evaluate

Micro Technologies is currently trading at Rs. 63.65, up by 0.95 points or 1.52% from its previous closing of Rs. 62.70 on the BSE.

The scrip opened at Rs. 64.95 and has touched a high and low of Rs. 66.90 and Rs. 63.40 respectively. So far 45690 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. 74.00 and Rs. 62.15 respectively. The current market cap of the company is Rs. 211.19 crore.

The promoters holding in the company stood at 36.16% while Institutions and Non-Institutions held 1.79% and 62.05% respectively.

Micro Technologies’ (lndia) - Micro Vehicle Black Box (Micro VBB) has received the prestigious ‘A-Tick Mark’ compliance from TUV-Rhineland, an internationally renowned German Certification body.

‘A-Tick Mark’ validates++ the international safety standards of Micro VBB. With product approval for Micro VBB from TUV -Rhineland, Micro Technologies can go ahead for the speedy introduction of Micro VBB in 45 different countries across five continents particularly Australia where the company is currently making deeper inroads. ‘A-Tick Mark’ has given Micro Technologies a clear lead over competition in the global market. As it is from an internationally well known certification body, it acts as a carte blanche and obviates the need for going for other compliance certifications from different testing bodies.

The company has already received compliance certifications for its Micro VBB from other prestigious national and international testing organizations like PESO, ERTL, EMC and SAIAS.

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 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
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