Datamatics Global Services is currently trading at Rs. 79.15, up by 5.55 points or 7.54% from its previous closing of Rs. 73.60 on the BSE.
The scrip opened at Rs. 73.60 and has touched a high and low of Rs. 80.95 and Rs. 72.45 respectively. So far 77557 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 89.75 on 15-Sep-2020 and a 52 week low of Rs. 28.10 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 80.95 and Rs. 71.25 respectively. The current market cap of the company is Rs. 477.19 crore.
The promoters holding in the company stood at 74.29%, while Institutions and Non-Institutions held 0.24% and 25.47% respectively.
Datamatics Global Services has received an approval to dispose off the entire stake which is indirectly held by the Company in its Step Down and Material Foreign Subsidiary, namely CIGNEX Datamatics, Inc. (CIGNEX US), a corporation headquartered in the USA by way of divestment through stock redemption agreement entered into by and between Cignex US and Datamatics Global Technologies, Mauritius (DGTL), subject to approval of the shareholders and all concerned statutory and regulatory authorities, as may be necessary. With this transaction, the earlier deal with Relevance Lab stands terminated.
The Board of Directors of the company at its meeting held on November 24, 2020, has approved the same.
Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.
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