Tulip Telecom is currently trading at Rs 130.95, up by 0.60 points or 0.46% from its previous closing of Rs 130.35 on the BSE.
The scrip opened at Rs 131.00 and has touched a high and low of Rs 132.50 and Rs 130.05 respectively. So far 31238 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 187.90 on 27-Dec-2010 and a 52 week low of Rs 116.10 on 23-Nov-2011.
Last one week high and low of the scrip stood at Rs 134.00 and Rs 125.80 respectively. The current market cap of the company is Rs 1898 crore.
The promoters holding in the company stood at 69.87% while Institutions and Non-Institutions held 20.33% and 9.80% respectively.
In partnership with Tulip Telecom and MindTree, Iomega, an EMC company and an innovator in data storage solutions for small and medium businesses [SMBs), has launched video surveillance storage management solutions. The partnership is all set to provide India's first video surveillance services based on cloud technology. The market, which is estimated to be $225 million in 2011, is largely focused on the enterprise market, and has not fully addressed the needs of SMBs and the Indian consumer.
The cloud solution involves Iomega StorCenter network storage devices, Tulip's national broadband network with cloud data centers, and MindTree's video management software. The solution provides superior yet economical local cloud video surveillance solutions for SMBs and distributed enterprises. The solution will be made available on all Iomega StorCenter ix and px series in India.
Iomega's association with Tulip, leading Enterprise Communications Services provider, will enable 'Iomega StorCenter plus' to quickly reach India's top 2400 businesses, which is currently served by Tulip over its Nationwide Broadband Network. Further, with Tulip launching world's third largest Data Centre earlier this year in Bangalore with capacity of approx 900,000 square feet will strongly complement the product offering launched by Iomega, Tulip and MindTree together.
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| Takyon Networks | 27.03 |
| Smartlink Holdings | 117.50 |
| Praruh Technologies | 48.00 |
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