Datamatics Global Services Ltd.

Datamatics Global Services is currently trading at Rs. 680.80, up by 57.25 points or 9.18% from its previous closing of Rs. 623.55 on the BSE.

The scrip opened at Rs. 623.55 and has touched a high and low of Rs. 684.95 and Rs. 623.55 respectively. So far 56185 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 739.95 on 28-Aug-2024 and a 52 week low of Rs. 455.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 684.95 and Rs. 578.00 respectively. The current market cap of the company is Rs. 4029.88 crore.

The promoters holding in the company stood at 66.33%, while Institutions and Non-Institutions held 1.33% and 32.34% respectively.

Datamatics Global Services has been issued the Notification of Award for design, supply, installation, testing, commissioning and integration of Automatic Fare Collection (AFC) system for 23 stations of Pune Metro Line 3 in Maharashtra, India. Datamatics will be responsible for deploying AFC system for 23 stations between Hinjewadi and Civil Court (Shivaji Nagar) in Pune across a fully elevated route length of around 23 km. 

Pune Metro Line 3 is a public private partnership project by the Pune Metropolitan Regional Development Authority (PMRDA) & a joint venture between TRIL Urban Transport and Siemens Project Ventures GmbH (a subsidiary of Siemens Financial Services) & on a Design, Build, Finance, Operate & Transfer (DBFOT) basis for 35 years.

This project is a significant step in modernizing urban transit infrastructure, and Datamatics’ AFC system will ensure a seamless and efficient commuting experience for passengers. The system will utilize the National Common Mobility Card (NCMC) standard, providing commuters with the flexibility to use EMV open-loop contactless cards and QR-based ticketing. This multi-modal payment system is being designed to be future ready & enable mobility across various transit operators in Pune, creating a unified and efficient transport network contemplated under National Common Mobility Mission (NCMC).

Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.