Allied Digital Services shines on winning five year contract for Rs 165 crore
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Allied Digital Services is currently trading at Rs. 86.40, up by 3.60 points or 4.35% from its previous closing of Rs. 82.80 on the BSE.
The scrip opened at Rs. 86.30 and has touched a high and low of Rs. 89.00 and Rs. 85.45 respectively. So far 125713 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 89.00 on 06-Oct-2021 and a 52 week low of Rs. 20.00 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 89.00 and Rs. 70.75 respectively. The current market cap of the company is Rs. 419.84 crore.
The promoters holding in the company stood at 49.95%, while Institutions and Non-Institutions held 0.02% and 50.04% respectively.
Allied Digital Services has won a transformational, five year contract valued at Rs 165 crore from a large Global Manufacturing Conglomerate. Allied Digital will manage and transform the IT infrastructure services including Workplace Services, Enterprise Services, Enterprise Applications, Security, Governance Support. It will also govern, optimize, transform existing IT service contracts of all business entities as well as support sourcing of new IT services and solutions. The transformed service model will establish highly optimized IT operations and boost business of all entities.
Allied Digital Services (ADSL) is a leading IT infrastructure management and technical support services outsourcing company. The company provides technical support services to business-to-business, business-to-consumer, e-commerce and corporate internal environments.
