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Cressanda Solutions touches roof on bagging order for in-coach digital advertising in Kolkata Metro

Cressanda Railway Solutions Ltd. | IT - Software | IT & ITES | BSE: 512379 | NSE:

13 Jan 2023 Evaluate

Cressanda Solutions is currently trading at its upper limit of Rs. 30.35, up by 1.40 points or 4.84% from its previous closing of Rs. 28.95 on the BSE.

The scrip opened at Rs. 29.75 and has touched a high and low of Rs. 30.35 and Rs. 28.80 respectively. So far 1690340 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 51.20 on 06-May-2022 and a 52 week low of Rs. 4.78 on 27-Jan-2022.

Last one week high and low of the scrip stood at Rs. 30.35 and Rs. 26.05 respectively. The current market cap of the company is Rs. 1209.43 crore.

The promoters holding in the company stood at 0.08%, while Institutions and Non-Institutions held 0.32% and 99.60% respectively.

Cressanda Solutions has bagged prestigious order for in-coach digital advertising in the Kolkata Metro for a period of 5 years. The contract is renewable for an additional 5 years. The company aims to serve 7-8 lakh passengers daily with an annual target of 15 crore passengers and above.

The company is in advance stages for the contract for providing in-coach wi-fi services. Kolkata Metro Trains operates about 39 trains daily which provide 15 hour services, each train has 9 coaches and each coach has 2 TVs on which the company has acquired exclusive rights for digital advertisement. For the total advertisement content 70% is for the commercial advertising on this platform and a 30% advertisement slot is reserved for government advertisements.

Cressanda Solutions offers a host of IT, Digital Media and IT Enabled services. Cressanda is a software development company that provides middleware products, systems integration services and bespoke software solutions.

Cressanda Railway Share Price

2.86 -0.15 (-4.98%)

20-Apr-2026 16:59 View Price Chart

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Cressanda Solutions touches roof on bagging order for in-coach digital advertising in Kolkata Metro

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