Maestros Electronics gains on bagging purchase order from DG Armed Forces Medical Service
Maestros Electronics & Telecommunications Systems is currently trading at Rs. 149.00, up by 0.90 points or 0.61% from its previous closing of Rs. 148.10 on the BSE.
The scrip opened at Rs. 150.00 and has touched a high and low of Rs. 154.00 and Rs. 148.00 respectively. So far 10549 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 181.95 on 29-Apr-2024 and a 52 week low of Rs. 67.10 on 03-Aug-2023.
Last one week high and low of the scrip stood at Rs. 154.00 and Rs. 141.00 respectively. The current market cap of the company is Rs. 82.10 crore.
The promoters holding in the company stood at 55.59%, while Institutions and Non-Institutions held 0.20% and 44.20% respectively.
Maestros Electronics & Telecommunication System has received Purchase Order from DG Armed Forces Medical Service (Department of Defence) for Delivery of 178 pieces of Product named Portable Light Weight Computerized Multi Channel ECG Machine with Capacity of acquiring all the 12 leads simultaneously, Printing on A4 Size Thermal Paper with auto measurements parameters complete. Broad consideration or size of the order is Rs 76 lakh. The said order is expected to be completed in 120 days.
Maestros Electronics & Telecommunications Systems has focused business areas are Medical device manufacturing, Telemedicine and Healthcare Solution and Business Automation (Banking and Micro finance, financial inclusion, PDS automation).