Ceinsys Tech jumps on bagging work order worth Rs 12.02 crore
Ceinsys Tech is currently trading at Rs. 515.00, up by 21.10 points or 4.27% from its previous closing of Rs. 493.90 on the BSE.
The scrip opened at Rs. 469.25 and has touched a high and low of Rs. 516.00 and Rs. 469.25 respectively. So far 18087 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 654.45 on 28-Feb-2024 and a 52 week low of Rs. 116.25 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 585.00 and Rs. 469.25 respectively. The current market cap of the company is Rs. 830.04 crore.
The promoters holding in the company stood at 58.61%, while Institutions and Non-Institutions held 0.05% and 41.34% respectively.
Ceinsys Tech has received work order from Maharashtra Industrial Development Corporation (A Government of Maharashtra Undertaking), for M & R to TTC Industrial Area-Providing & fixing AMR Domestic & Non-Domestic wireless Water Meter including installation, maintenance Integration with MIDC Billing Software, Bill payment App, Field staff Employee App including cloud based multi-protocol HES & MDMS with Alerts amounting to Rs 12.02 crore. The order is to be executed within 24 months.
Ceinsys Tech (formerly ADCC Infocad) is a specialist in GIS & is an Engineering services solution provider company, servicing clients across a range of corporate and government segments helping improve their engineering efficiency, support global footprint and improve competitiveness.