Titan Intech touches roof on inking pact with Media Information Communication
Titan Intech is locked its upper circuit at Rs. 3.78, up by 0.18 points or 5.00% from its previous closing of Rs. 3.60 on the BSE.
The scrip opened at Rs. 3.75 and has touched a high and low of Rs. 3.78 and Rs. 3.75 respectively. So far 3642753 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.82 on 11-Nov-2024 and a 52 week low of Rs. 1.13 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 3.78 and Rs. 3.27 respectively. The current market cap of the company is Rs. 114.05 crore.
The promoters holding in the company stood at 15.65%, while non-institutions held 84.35% stake in the company.
Titan Intech has entered into a Memorandum of Understanding (MoU) with Media Information Communication Co. This collaboration aims to establish India’s first fully integrated design-to-manufacture ecosystem for high-performance LED and LCD display systems under the company’s TitanView and TitanPro brands. Under this MoU, both companies will jointly develop FPGA/SoC-based LED control systems, Android controller boards for interactive LCD displays, and IP-based Passenger Information Systems (PIS) for transportation applications such as airways, railways, and metro systems. Further, Media Information Communication will provide the company design documentation, hardware/firmware packages, and software licenses for LED control and calibration tools. The total project value is $1.53 million, including technology development, licensing, training, and handover milestones.
Moreover, the company has secured a 7-year (valid from 2025 to 2032) non-exclusive software license for mLED Master Suite (Standard, Premium, and 4K versions), covering production and calibration tools for SMD and Mini-LED systems. The company has also obtained exclusive manufacturing and commercialization rights for India and non-exclusive R&D license rights globally for the developed technologies. This MoU is expected to strengthen company’s technological base and enhance its product portfolio in the domains of professional display systems, smart-classroom solutions, and transportation information systems, contributing significantly to the Make in India initiative.
Titan Intech is a leading software developer for both domestic and international clients. The company is involved in the design, development, and manufacturing of LED video displays, LED luminaires, high-end electronic and telecommunication equipment, as well as telecom software.
