Sattrix Information Security rises on partnering with Strolling Digital
Sattrix Information Security is currently trading at Rs. 151.00, up by 1.75 points or 1.17% from its previous closing of Rs. 149.25 on the BSE.
The scrip opened at Rs. 152.85 and has touched a high and low of Rs. 152.85 and Rs. 151.00 respectively. So far 3000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 254.00 on 28-Jun-2024 and a 52 week low of Rs. 141.95 on 18-Jun-2024.
Last one week high and low of the scrip stood at Rs. 156.00 and Rs. 144.05 respectively. The current market cap of the company is Rs. 103.70 crore.
The promoters holding in the company stood at 73.53%, while Institutions and Non-Institutions held 0.29% and 26.18% respectively.
Sattrix Information Security has partnered with Strolling Digital, the company governed under Spanish Law incorporated with an object of providing Digital Transformation Services. Both the companies have entered into Business Partnership Agreement with an objective of delivering Information technology and Cyber Security related services which is also a significant step in the company’s expansion into the European Union (EU). The EU and India have a strong and growing relationship in the IT and cybersecurity industry. This relationship is driven by a number of factors, including strong economic ties, a skilled workforce, and shared values.
The company and Strolling Digital have partnered for delivery of Services related to Information Technology and Cyber security in EU to serve clients & customers in various domains. The company recognizes the immense potential within this market and is eager to bring its expertise, cutting-edge and tailor-made solutions to the EU region. By partnering with Spain based Company Strolling Digital, a company with a strong local presence and a deep understanding of the region's IT industries, the company aims to cater to the varied needs of customers in the EU by offering its global standards of excellence.
Sattrix Information Security is in the business to develop customer-centric cyber security solutions and it aims to deliver end-to-end cybersecurity services to enterprises in the India, USA and Middle East (UAE).
