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Accel Frontline surges on inking MoU with SciGenom Labs

Inspirisys Solutions Ltd. | IT - Software | IT & ITES | BSE: 532774 | NSE: INSPIRISYS

28 Oct 2013 Evaluate

Accel Frontline is currently trading at Rs. 30.20, up by 4.85 points or 19.13% from its previous closing of Rs. 25.35 on the BSE.

The scrip opened at Rs. 26.00 and has touched a high and low of Rs. 30.40 and Rs. 26.00 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.65 on 15-Nov-2012 and a 52 week low of Rs. 17.65 on 03-Sep-2013.

Last one week high and low of the scrip stood at Rs. 25.35 and Rs. 20.30 respectively. The current market cap of the company is Rs. 73.00 crore.

The promoters holding in the company stood at 65.65% while Institutions and Non-Institutions held 0.95% and 33.41% respectively.

Accel Frontline has entered into a memorandum of understanding (MoU) with US based SciGenom Labs for providing value added software development and cloud computing services for the life sciences sector. Accel will get access to new sectors in key markets like US, Japan, etc in the areas of life sciences, healthcare and Government institutions with this partnership.

Accel’s software division currently focuses on vertical industry segments such as BFSI, Telecom, ISV’s and consumer electronics in the areas of product engineering and R&D services, application development, lifecycle management and managed services. This new tie up will enable access to high growth life science sector especially in the area of Genomics.

Accel Frontline is one of the leading IT Services Company and an end-to-end IT solutions provider specializing in IT Infrastructure services, software solutions and warranty management services. It employs over 2000 skilled IT professionals and serves over 500 customers.

Inspirisys Solutions Share Price

83.99 0.26 (0.31%)

17-Apr-2026 16:59 View Price Chart

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Accel Frontline surges on inking MoU with SciGenom Labs

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