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Info-Drive Software edges higher on being in advanced stage for adding large clients

Info-Drive Software Ltd. | IT - Software | IT & ITES | BSE: 530703 | NSE: INFODRIVE

06 Dec 2012 Evaluate

Info-Drive Software is currently trading at Rs 9.55, up by 0.06 points or 0.63% from its previous closing of Rs 9.49 on the BSE.

The scrip opened at Rs 9.80 and has touched a high and low of Rs 9.80 and Rs 9.10 respectively. So far 84410 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 23.40 on 13-Apr-2012 and a 52 week low of Rs 5.18 on 03-Jan-2012.

Last one week high and low of the scrip stood at Rs 10.47 and Rs 8.80 respectively. The current market cap of the company is Rs 42.61 crore.

The promoters holding in the company stood at 11.07% while Institutions and Non-Institutions held 28.83% and 60.10% respectively.

.Info-Drive Software is already in a very advanced stage of adding large multi state societies and state societies with immediate revenue potential to the tune of approximately Rs 120 crore in the next three months. The way forward will make the company an icon and a considerable force in the credit industry with a Global impact.

Info-Drive Software is completely focused on the entire end to end automation and service fulfillment on a cloud computing model for the Credit Industry a very niche segment, this makes the Credit Societies extremely efficient in their every day chores and also gives a holistic and 360 degree view of all their operations, profitability through analytics and key insights.

Info-Drive Software, is a multi-dimensional Technology and Business Services Company offering - Specialized expertise in Applications Deployment and Banking Solutions, Remote Infrastructure Management, Biometric Solutions at enterprise level and Back-office transaction processing in Healthcare and Benefit Administration domains.

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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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Info-Drive Software edges higher on being in advanced stage for adding large clients

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