Polaris Financial Technology trades with traction on the BSE

12 Mar 2013

Polaris Financial Technology is currently trading at Rs. 122.50, up by 1.45 points or 1.20 % from its previous closing of Rs. 121.05 on the BSE.

The scrip opened at Rs. 121.00 and has touched a high and low of Rs. 123.15 and Rs. 121.00 respectively. So far 13338 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 175.40 on 16-Mar-2012 and a 52 week low of Rs. 102.80 on 23-May-2012.

Last one week high and low of the scrip stood at Rs. 124.35 and Rs. 117.05 respectively. The current market cap of the company is Rs. 1214.04 crore.

The promoters holding in the company stood at 29.15% while Institutions and Non-Institutions held 28.39% and 42.46% respectively.

Polaris Financial Technology’s wholly owned subsidiary, Polaris Enterprise Solution (PESL), a leading technology provider in diverse industry segments, has won the ‘EPoS (Electronic Point of Sale) Initiative of the Year’ award at the Retailer Technology Awards held in February. PESL received the award for its next generation retail management solution, iRetail.

The Retailer Technology Awards given by Franchise India & Retailer Magazine recognizes excellence and innovation in the field of information technology within the Indian retail sector. The awards present an opportunity for technology organizations to gain the prestige of public acknowledgment as being the leader in their field. PESL is a leading technology provider in Retail, Manufacturing, Logistics & Distribution, Telecom & Media and Travel Industry, offering over 16 years of value creation experience to its global clientele. PESL's iRetail, a retail application that drives customer’ buying behavior enabling more efficient retailing at the lowest TCO, is a multi-channel platform with tangible significant business benefits.

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