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Titan Intech touches roof on signing MoU with Obel Systems

26 Aug 2024 Evaluate

Titan Intech is locked its upper circuit limit at Rs. 40.85, up by 1.94 points or 4.99% from its previous closing of Rs. 38.91 on the BSE.

The scrip opened at Rs. 40.85 and has touched a high and low of Rs. 40.85 and Rs. 40.85 respectively. So far 227747 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.00 on 23-May-2024 and a 52 week low of Rs. 26.34 on 28-Aug-2023.

Last one week high and low of the scrip stood at Rs. 40.85 and Rs. 33.00 respectively. The current market cap of the company is Rs. 99.35 crore.

The promoters holding in the company stood at 11.54%, while Non-Institutions held 88.46% in the company.  

Titan Intech has signed Memorandum of Understanding (MoU) with Obel Systems, as project implementation and financial assistance partner for the project awarded by the state of Uttar Pradesh on August 23 2024 for installation of 27939 Automatic Rain Gauges(ARG) and Automatic Weather Stations (AWS) in 27838 gram panchayat locations in 36 districts of Uttar Pradesh which provides key inputs for forewarning and mitigation of climatic risks and catastrophic events and protect agriculture risks, a Government of India Initiative. The total cost of the project is about Rs 360 crore. Estimated time for completion of the Project is 5 years.

Titan Intech is committed to fostering educational vocational programs, providing potential drop-outs from government schools with pathways to employment. It also engaged in the conception, development and implementation of tailored corporate Skill Development Programs.

Titan Intech Share Price

0.82 -0.07 (-7.87%)
17-Apr-2026 16:59 View Price Chart
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