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Accel Transmatic gains on getting nod for disposing off its software operations

30 Sep 2011 Evaluate

Accel Transmatic is currently trading at Rs 14.95, up by 0.45 points or 3.10% from its previous closing of Rs 14.50 on the BSE.

The scrip which opened at Rs 14.95 went flat after 100 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 35.87 on 29-Oct-2010 and a 52 week low of Rs 13.01 on 02-Sep-2011.

Last one week high and low of the scrip stood at Rs 18.50 and Rs 14.40 respectively. The current market cap of the company is Rs 16.50 crore.

The promoters holding in the company stood at 59.72% while Institutions and Non-Institutions held 0.02% and 40.26% respectively.

Accel Transmatic has received its members’approval to dispose off the software operations of the company which consist of technologies division including overseas subsidiary - Accel North America, Inc. The company has received the members’ approval by way of postal ballot. Further, this will enable the company to be a focused Animation and Media Company.

Accel Transmatic currently operates through three business divisions namely, Systems and Services, Ushus Technologies and Accel Animation Studios. The product range of the division is a combination of custom built hardware and application software.

Accel Share Price

13.11 -0.50 (-3.67%)
20-Apr-2026 16:59 View Price Chart
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