Bodhtree zooms 8 per cent, wins multiple orders

Bodhtree Consulting, an IT consulting and software service provider, has hit a fresh 52-week high on BSE after the company announced bagging orders worth of Rs. 50 crore.

The company has received Rs. 8.39 crore order from Indian Council of Forestry Research and Education (ICFRE) for continuity of Data Centre at Dehradun for a period of five years.

The company has also received an order from Magadh University for providing Digital University Platform under managed services model. The project will get implemented in six months. The University will pay the company on a per student basis and the total revenue for three years of contract is expected to be about Rs. 43 crore.

Bodhtree has also entered into a definite agreement with Gapbridge Soft, a Bangalore based global SAP Solutions Company, to address its customer base on their SAP deployment and support requirements.

The company has won three large projects of Rs. 200 crore in the last 18 months.

Bodhtree Consulting is an IT service provider, which provides services like web and mobile solutions, analytics and big data, enterprise solutions and cloud services to both private and Government agencies.

At 14:28 hrs, Bodhtree Consulting was trading at Rs. 105 per share, up Rs. 7.20 or 7.36 per cent on BSE. The scrip opened at Rs. 103.00 and touched a 52- week high of Rs. 106.95 on BSE.