NIIT Technologies surges on successfully launching Criminal Tracking Network System in Odisha

07 Feb 2013

NIIT Technologies is currently trading at Rs. 260.10, up by 1.65 points or 0.64% from its previous closing of Rs. 258.45 on the BSE.

The scrip opened at Rs. 260.00 and has touched a high and low of Rs. 261.90 and Rs. 258.70 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 324.80 on 13-Sep-2012 and a 52 week low of Rs. 227.10 on 04-May-2012.

Last one week high and low of the scrip stood at Rs. 265.00 and Rs. 250.80 respectively. The current market cap of the company is Rs. 1564 crore.

The promoters holding in the company stood at 31.33% while Institutions and Non-Institutions held 44.40% and 24.27% respectively.

NIIT Technologies, a leading global IT solutions organization, has successful launched the Crime and Criminal Tracking Network System (CCTNS) project in Odisha. The project will reinforce the Indian Police in its modernization efforts by playing a significant role in the implementation of the ambitious CCTNS. By the end of the current calendar year full-scale implementation of the project would take place throughout the state.

The implementation of first phase has started in Odisha in two pilot districts at 36 police stations and 11 higher offices. The project will help in linking 581 police stations, connecting 728 locations. With CCTNS in place, the project facilitates digitization of approximately 25 lakhs police records of last 10 years, and will train 28,000 police personnel across the state to familiarize them with police workflow in a digitized environment. With this there will be a huge scope of improvement in the functioning of police to keep track of cases progress, and reduce manual and redundant records keeping.

Besides, the company is the system integrator for the implementation of CCTNS programs for 3 other states - Tamil Nadu, Jharkhand and Uttar Pradesh.

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