11-10-2024 02:28 PM | Source: Accord Fintech
Ceinsys Tech zooms on getting LoA worth Rs 27.77 crore from MHADA

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Ceinsys Tech is currently trading at Rs. 953.50, up by 52.75 points or 5.86% from its previous closing of Rs. 900.75 on the BSE.

The scrip opened at Rs. 936.00 and has touched a high and low of Rs. 983.00 and Rs. 923.35 respectively. So far 128414 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 983.00 on 11-Oct-2024 and a 52 week low of Rs. 248.00 on 19-Oct-2023.

Last one week high and low of the scrip stood at Rs. 983.00 and Rs. 666.00 respectively. The current market cap of the company is Rs. 1665.63 crore.

The promoters holding in the company stood at 55.35%, while Non-Institutions held 44.65% stake in the company.

Ceinsys Tech has received Letter of Acceptance (LoA) from Maharashtra Housing and Area Development Authority (MHADA) amounting to Rs 27.77 crore for selection of system Integrator for Integrated Digital Transformation of MHADA.

The order is for Design, Development and Maintenance of Land Management system; Digital Project system including vendor management system; GIS based mobile application; SSO Web Portal, Public Website and Content Management system; and Training and Capacity Building. The order is to be executed within 48 months including operation and maintenance.

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.