Kellton Tech Solutions rises on securing $2.5 million project from Oil India
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Kellton Tech Solutions is currently trading at Rs. 163.90, up by 0.60 points or 0.37% from its previous closing of Rs. 163.30 on the BSE.
The scrip opened at Rs. 167.05 and has touched a high and low of Rs. 171.00 and Rs. 163.25 respectively. So far 352235 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 184.30 on 15-Jul-2024 and a 52 week low of Rs. 85.10 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 171.00 and Rs. 145.50 respectively. The current market cap of the company is Rs. 1601.43 crore.
The promoters holding in the company stood at 40.82%, while Institutions and Non-Institutions held 1.32% and 57.85% respectively.
Kellton Tech Solutions has secured $2.5 million project from Oil India to implement Optima, an advanced real-time wellhead monitoring system. This collaboration underscores Kellton’s commitment to leveraging cutting-edge technology for modernizing oilfield operations and enhancing efficiency in the energy sector.
This strategic project focuses on deploying the Optima platform across 77 wellheads located in Duliajan, Assam, an Indian region rich in natural resources. By integrating realtime monitoring capabilities, AI-driven analytics, and cloud-based infrastructure, Optima will enable seamless data acquisition and precise performance tracking. This engagement is expected to significantly improve Oil India's operational workflows, enhance production efficiency, and reduce potential risks through predictive maintenance.
Optima is designed to address key challenges in upstream operations by providing advanced capabilities for data-driven decision-making. The Cloud-native platform will allow Oil India to scale operations effortlessly while maintaining transparency in wellhead performance metrics. Its AI-based optimization features will deliver actionable insights, empowering the organization to minimize downtime, optimize production, and achieve sustainable growth in its operations. This initiative represents a significant step toward modernizing India’s energy infrastructure and aligns with India’s vision of integrating advanced technologies into public sector undertakings.
Kellton Tech Solutions is global company and offers services in digital transformation, ERP and other IT services.
