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Accedere climbs on incorporating wholly owned subsidiary in Dubai

09 Jul 2024 Evaluate

Accedere is currently trading at Rs. 85.00, up by 2.00 points or 2.41% from its previous closing of Rs. 83.00 on the BSE.

The scrip opened at Rs. 87.10 and has touched a high and low of Rs. 87.15 and Rs. 85.00 respectively. 

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.54 on 15-Mar-2024 and a 52 week low of Rs. 49.64 on 11-Jul-2023.

Last one week high and low of the scrip stood at Rs. 87.15 and Rs. 78.71 respectively. The current market cap of the company is Rs. 42.73 crore.

The promoters holding in the company stood at 81.46%, while Non-Institutions held 18.54% stake in the company.

Accedere has incorporated wholly owned subsidiary with the name ‘Accedere Tech’ in Dubai on July 4, 2024 for AI-based Cybersecurity consultancy services, Software Development, and expansion in the Middle East area.

Accedere is Colorado CPA Firm specializing in Cybersecurity with a major focus on AICPA SSAE 18 Attestation (formerly SSAE 16), SOC 1, SOC 2 Type 2 and SOC 3 Compliance Reports, ISO/IEC Audits, Cloud Security, Privacy Compliance (HIPAA, GDPR, CCPA, etc.) and Data Security Audit Services.


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