Multibagger IT-Software Company Bags New Order Worth Rs 85,54,000 From The Central Cooperative Bank Ltd, Bikaner
The stock is up by 50 per cent from its 52-week low of Rs 93.57 per share and has given multibagger returns of 300 per cent in 2 years.
Atishay Limited has secured a significant work order from The Central Co-operative Bank Ltd., Bikaner, operating under the Co-operative Department of Rajasthan. This domestic contract, valued at Rs 85.54 Lakhs (Rupees Eighty-Five Lakhs Fifty-Four Thousand Only), encompasses the comprehensive supply, installation, commissioning, and ongoing maintenance of Micro ATM devices for Primary Agricultural Credit Societies (PACS). The project is slated for completion by July 2nd, 2025, marking a crucial step in enhancing financial accessibility within the cooperative banking sector in Rajasthan.
About the Company
Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech, and the implementation of turnkey IT solutions. The company has a market cap of over Rs 150 crore.
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Annual Results: The net sales increased by 18 per cent to Rs 51.15 crore, the operating profit increased by 25 per cent to Rs 9.63 crore and the net profit increased by 26 per cent to Rs 7.01 crore in FY25 compared to FY24.
The stock’s 52-week high is Rs 249.90 per share and its 52-week low is Rs 93.57 per share. The stock is up by 50 per cent from its 52-week low of Rs 93.57 per share and has given multibagger returns of 300 per cent in 2 years.
Disclaimer: The article is for informational purposes only and not investment advice.