Multibagger IT Stock Hit Upper Circuit After Bagging Order Worth USD 549,999.99 From West Suburban Medical Center, USA

The company has a market cap of Rs 108 crore and the stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 77.95 per share.

Sattrix Information Security Limited announced that its wholly-owned subsidiary, Sattrix Information Security Incorporation, has secured an international order from West Suburban Medical Center, USA, for Cybersecurity Security Operations Center (SOC) Maintenance Services. This contract, valued at USD 549,999.99 and commencing on May 5, 2025, is expected to be executed within a period of up to 12 months, marking a significant achievement for the company's global outreach in providing specialised cybersecurity solutions.

Sattrix Information Security Ltd, founded in 2013 and also operating through its incorporation in the same year, delivers comprehensive information and cybersecurity services, developing customer-centric solutions and end-to-end services for enterprises across India, the USA, and the UAE; the company specializes in designing and building data security solutions, both on cloud and on-premise, tailored to meet specific client requirements, thereby assisting organizations in safeguarding their data against unauthorized access and various security threats.

On Tuesday, shares of Sattrix Information Security hit a 2 per cent upper circuit to Rs 158.50 per share from its previous closing of Rs 155.40 per share. The stock’s 52-week high is Rs 254 per share and its 52-week low is Rs 77.95 per share. The company has a market cap of Rs 108 crore and the stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 77.95 per share. Investors should keep an eye on this IT stock.

Disclaimer: The article is for informational purposes only and not investment advice.