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Geometric rises on plan to showcase CAMWorks 2013 at IMTS 2012

23 Aug 2012 Evaluate

Geometric is currently trading at Rs. 104.75, up by 0.40 points or 0.38% from its previous closing of Rs. 104.35 on the BSE.

The scrip opened at Rs. 105.05 and has touched a high and low of Rs. 107.25 and Rs. 102.00 respectively. So far 178135 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 110.70 on 17-Aug-2012 and a 52 week low of Rs. 36.30 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 110.70 and Rs. 102.00 respectively. The current market cap of the company is Rs. 653.45 crore.

The promoters holding in the company stood at 37.39% while Institutions and Non-Institutions held 12.37% and 50.23% respectively. Geometric a leader in advanced manufacturing software will demonstrate the latest version of its revolutionary solids-based CNC programming solution, CAMWorks 2013, in Booth no E-3330 during the International Manufacturing Technology Show (IMTS 2012) in Chicago, Illinois from September 10-15, 2012.

The first SolidWorks gold partner CAM system and by the far the most advanced CAD/CAM system on the market, CAMWorks continues to challenge traditional programming methods. The combination of its patented automatic feature recognition technology and state-of-the-art knowledge based machining, helps users reduce programming time from hours to minutes or even seconds.

CAMWorks 2013 raises the bar with several enhancements including a new Synchronous Machining Module (SMM) focused on simplifying programming of complex mill-turn machines. A first for the CAM industry, CAMWorks 2013 will also introduce the first cost effective true G-code machine simulator, giving its users the ability to create ‘first time right’ programs for mill-turn and other complex multi-axis machines.

Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services and Digital Technology solutions for Product Lifecycle Management (PLM) enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

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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