Response Informatics touches roof on acquiring Technologia Corporation
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Response Informatics is currently trading at its upper limit of Rs. 31.95, up by 1.50 points or 4.93% from its previous closing of Rs. 30.45 on the BSE.
The scrip opened at Rs. 31.95 and has touched a high and low of Rs. 31.95 and Rs. 31.95 respectively. So far 810 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.70 on 29-Jul-2022 and a 52 week low of Rs. 13.60 on 21-Mar-2022.
Last one week high and low of the scrip stood at Rs. 31.95 and Rs. 29.00 respectively. The current market cap of the company is Rs. 23.89 crore.
The promoters holding in the company stood at 56.48%, while Non-Institutions held 43.52% stake in the company.
Response Informatics has acquired Technologia Corporation, a leading work-force management corporation based in New Jersey, USA. The acquisition of Technologia Corporation is a significant step towards achieving the company's strategic objectives and enhancing its position in the Cloud DevOps managed services space. The acquisition is expected to result in increased market share, expanded product offerings, and improved operational efficiencies for the combined entity.
Incorporated in 1996, Response Informatics is a globally established Software Development, technology consulting and IT Services company.
