CSM Technologies shines on securing international assignment worth Rs 3.21 crore
CSM Technologies is currently trading at Rs. 104.70, up by 4.70 points or 4.70% from its previous closing of Rs. 100.00 on the BSE.
The scrip opened at Rs. 101.45 and has touched a high and low of Rs. 106.00 and Rs. 101.45 respectively. So far 2033 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.00 on 02-Jul-2026 and a 52 week low of Rs. 94.00 on 15-Jul-2026.
Last one week high and low of the scrip stood at Rs. 106.00 and Rs. 94.00 respectively. The current market cap of the company is Rs. 516.03 crore.
The promoters holding in the company stood at 71.18%, while Institutions and Non-Institutions held 12.82% and 16.00% respectively.
CSM Technologies has secured a prestigious international assignment from the Public Private Partnership Commission (PPPC) of Malawi through CSM Tech, its wholly owned subsidiary in Kenya. The project envisages design, development and commissioning of an Electronic Auctioning Platform (EAP) under the Digital Malawi Acceleration Project (DMAP).
Funded by the World Bank through the International Development Association (IDA), the assignment valued at Rs 3.21 crore marks another significant milestone in CSM Technologies' growing global presence and reinforces India's expanding role in enabling DPI across developing nations.
The EAP will introduce a secure, transparent and fully auditable digital mechanism for conducting competitive auctions, replacing manual and paper-based processes with an automated workflow. The platform will enable online bid submission, real-time evaluation, bidder anonymity, automated ranking and electronic publication of results, thereby enhancing transparency, efficiency and accountability in public procurement.
