Micro Technologies shines on bagging prestigious order from Fortune Global 500 Company

05 Feb 2013

Micro Technologies is currently trading at Rs. 38.60, up by 0.60 points or 1.58% from its previous closing of Rs. 38.00 on the BSE.

The scrip opened at Rs. 38.00 and has touched a high and low of Rs. 39.95 and Rs. 37.45 respectively. So far 14,000 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. 37.00 on 31-Jan-2013.

Last one week high and low of the scrip stood at Rs. 42.90 and Rs. 37.00 respectively. The current market cap of the company is Rs. 131.00 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 (lndia) a leading global developer and marketer of security devices and solutions has received prestigious order from one of lndia’s top ranking and Fortune Global 500 oil and gas companies. The initial order is for the supply of Vehicle Tracking System (Micro VTS) to be installed in the vast fleet of 3500 vehicles of the PSU Oil Corporation.

Many oil corporations and other PSUs particularly prefer Micro VTS for their fleet because of very good track records for security solutions, superior quality, state-of-art technology and effectiveness which were also certified by renowned laboratories and testing centers.  The product operates in all weather conditions and is capable of functioning in all Electrical High Voltages Spikes. Unique solutions such as Mobile Access, Fuel Theft Detection, History of Tracking, Virtual Fencing, and User Defined GIS Maps are also offered in the tracking activities. Micro VTS anti-theft and fuel pilferage prevention systems help in boosting the return on investment (Rol).

Micro Technologies (India) is marketer of security solutions for its clients. It is an ISO a leading global developer and 9OO1, 27OOL & 14001 Certified Company with products approved and certified by many national and international certifications like NASSCOM, ERTL, ARAI and UL & EMC.

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