Cambridge Technology gains on partnering with EOS Data Analytics
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Cambridge Technology Enterprises is currently trading at Rs. 55.60, up by 0.70 points or 1.28% from its previous closing of Rs. 54.90 on the BSE.
The scrip opened at Rs. 55.90 and has touched a high and low of Rs. 55.90 and Rs. 55.60 respectively. So far 102 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.70 on 03-Aug-2021 and a 52 week low of Rs. 24.55 on 06-Apr-2021.
Last one week high and low of the scrip stood at Rs. 59.90 and Rs. 53.60 respectively. The current market cap of the company is Rs. 107.77 crore.
The promoters holding in the company stood at 46.91%, while Non-Institutions held 53.09% stake in the company.
EOS Data Analytics (EOSDA) is entering into a global partnership with Cambridge Technology Enterprises (CT) and its subsidiary - CT Software Solutions Sdn Bhd, an enterprise software services provider focused on the development and management of AI, Cloud, and Data solutions across a broad range of sectors.
The primary goal that EOS Data Analytics and Cambridge Technology are planning to achieve together is the implementation of AI-powered satellite imagery analytics in two major industries of Malaysia and India - Agriculture and Forestry. These two verticals are to become the launching pad for a lucrative and beneficial partnership that may eventually explore such verticals as Energy, Oil & Gas, and a host of others.
Cambridge Technology is a leading enterprise software services provider focused on the development and management of AI, Cloud, and Data solutions across a broad range of sectors.
