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Tera software zooms on executing joint venture agreement with Sitra Infotech

20 Jul 2023 Evaluate

Tera Software is currently trading at Rs. 49.10, up by 1.14 points or 2.38% from its previous closing of Rs. 47.96 on the BSE.

The scrip opened at Rs. 48.49 and has touched a high and low of Rs. 49.49 and Rs. 47.85 respectively. So far 5889 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.90 on 12-Sep-2022 and a 52 week low of Rs. 29.00 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 50.60 and Rs. 46.75 respectively. The current market cap of the company is Rs. 61.43 crore.

The promoters holding in the company stood at 47.53%, while Non-Institutions held 52.47% stake in the company.

Tera software has executed joint venture agreement with Sitra Infotech as approved by the Board of Directors of Tera Software at their meeting held on July 12, 2023 in the ordinary course of business and to incorporate a Joint venture company to participate in e-tender invited by ONGC for award of contract for Survey, Engineering, Supply, Installation & commissioning of CCTV System. 

Tera Software is offering innovative, flexible and affordable software solutions to customers across the globe.


Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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