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Micro Technologies strengthens on bagging order from Israel distributor

15 Oct 2012 Evaluate

Micro Technologies is currently trading at Rs. 39.95, up by 0.20 points or 0.50% from its previous closing of Rs. 39.75 on the BSE.

The scrip opened at Rs. 40.20 and has touched a high and low of Rs. 40.20 and Rs. 39.30 respectively. So far 14335 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. 38.05 on 11-Oct-2012.

Last one week high and low of the scrip stood at Rs. 43.40 and Rs. 38.05 respectively. The current market cap of the company is Rs. 135.22 crore.

The promoters holding in the company stood at 36.16% while Institutions and Non-Institutions held 0.88% and 62.96% respectively.

Micro Technologies (India), a leading global developer and marketer of security devices and solutions has bagged order from its Israel distributor to provide its Micro Trolley Management System (Micro TMS) for swifter and safer trolley movements and baggage clearances for Maior International Airports.

‘Micro TMS’ is a combination of a high end hardware and software that enables the whereabouts of trolleys to be monitored and effectively managed to ensure they are always available to service the needs of passengers.

The Micro TMS provides an automatic, instantaneous tracking and overview of the location of an individual trolley.  The online supervision of the trolleys’ position enables the personnel to instantly move the trolleys to the areas where they are much required. This eliminates the need to conduct manual searches for trolleys within the airport facilities.

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.

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