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Four Soft shines on inking significant contract with Panasonic India

22 Aug 2012 Evaluate

Four Soft is currently trading at Rs. 8.15, up by 0.40 points or 5.16% from its previous closing of Rs. 7.75 on the BSE.

The scrip opened at Rs. 7.90 and has touched a high and low of Rs. 8.64 and Rs. 7.90 respectively. So far 9,959 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 12.49 on 07-Sep-2011 and a 52 week low of Rs. 6.61 on 09-Jul-2012.

Last one week high and low of the scrip stood at Rs. 8.64 and Rs. 7.50 respectively. The current market cap of the company is Rs. 31 crore.

The promoters holding in the company stood at 23.33% while Institutions and Non-Institutions held 10.63% and 66.05% respectively.

Four Soft’s web centric warehouse management application, 4S eLog has been selected by Panasonic India, the existing customer, to automate its warehousing facility across 28 locations. The contract was executed by Four Soft.

4S eLog is Four Soft's web centric warehouse management system (WMS) capable of handling inventory operations across multiple warehouses. Built on J2EE platform with a native browser interface, 4S eLog is designed to support core operational requirements of modern day global companies. 4S eLog extends well beyond the capacity of a traditional warehouse management system by integrating supply, fulfillment and partner collaboration into one enterprise service platform.

Panasonic has been a market leader in consumer durable industry delivering superior products and services in India since 1994. The company specializes in providing consumer products, household & home appliances, office automation products and electronic products of the highest quality.

Four Soft is a global leader offering software solutions for the logistics and transportation industry. It provides innovative and integrated enterprise solutions ensuring customer satisfaction. Four Soft software engineers are providing solutions to enterprises across the SCM market place.

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