Globalspace Technologies shines on inking MoU with Powerhouse Technology
Globalspace Technologies is currently trading at Rs. 15.73, up by 0.74 points or 4.94% from its previous closing of Rs. 14.99 on the BSE.
The scrip opened at Rs. 15.73 and has touched a high and low of Rs. 15.73 and Rs. 15.73 respectively. So far 23753 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.29 on 22-Feb-2024 and a 52 week low of Rs. 14.75 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs. 17.20 and Rs. 14.75 respectively. The current market cap of the company is Rs. 54.06 crore.
The promoters holding in the company stood at 55.84%, while Non-Institutions held 44.16% stake in the company.
Globalspace Technologies has entered into a Memorandum of Understanding (MoU) with Powerhouse Technology (MOD3RN Care) on February 18, 2025. The MoU pertains to participation in the Maharashtra Government’s Cardiovascular Disease (CVD) Screening Program involving AI and Digital technologies. The comprehensive solution is developed by integrating an AI platform with GE Healthcare hardware to facilitate mass screening. MOD3RN Care, along with Globalspace and GE Healthcare, will jointly bid for the project, which is expected to be valued at around $400 million (Rs 3,500 crore).
This strategic collaboration is expected to positively impact the company’s growth and financial performance in future by enabling entry into digital health and AI-driven mass screening solutions.
Globalspace Technologies is a Software Product Platform Company with focus on Enterprise Mobility SaaS based solutions, providing integrated software & hardware product platforms and solutions to enable large and medium enterprises embrace mobility & digital technology for their business enhancement.
