High ROE & high ROCE penny stock under Rs 20: This micro-cap IT company bags new order worth Rs 2,00,00,000 from BIZNET

The stock is up by 71.6 per cent from its 52-week low of Rs 11.49 per share and multibagger returns of 243 per cent in 3 years.

Today, shares of Adroit Infotech Ltd gained 2.87 per cent to Rs 19.72 per share from its previous closing of Rs 19.17 with an intraday high of Rs 19.74 and an intraday low of Rs 19. The stock’s 52-week high is Rs 23.29 and its 52-week low is Rs 11.49.  

Adroit Infotech Limited, a specialist SAP consulting company, has recently secured a significant contract worth Rs 2 crore from BIZNET (PT Supra Primatama Nusantara, Jakarta) for managed services related to the SAP BRIM application. This contract underlines Adroit Infotech's capabilities in delivering comprehensive technical and functional support for SAP systems.

The project encompasses a year-long engagement that will include both onsite and offshore support, demonstrating Adroit's flexible and robust service delivery model. The SAP BRIM (Billing and Revenue Innovation Management) application is crucial for dynamic billing environments, making Adroit's expertise highly valuable, especially in sectors like telecommunications where real-time and accurate billing is essential.

This new venture not only boosts Adroit Infotech's presence in the international market but also strengthens its position as a leader in SAP consulting services. The company’s deep domain expertise and innovative approach enable it to deliver high-value, strategic services that help clients streamline their operations and leverage SAP technologies effectively.

Also Read: Role of artificial intelligence (AI) in stock market analysis

Adroit Infotech Limited, based in Hyderabad, India, is a leading provider of SAP consulting services with nearly two decades of experience in the field. The company specializes in helping organizations optimize their internal processes through innovative SAP solutions. Adroit offers a wide range of services including process analysis, implementation, rollouts, ongoing support, maintenance, and upgrades. With a strong team of consultants experienced in both domestic and international projects, Adroit Infotech is recognized for its commitment to enhancing the effectiveness and efficiency of its client's operations, ensuring a high return on investment in SAP technologies.

The company's shares have an ROE of 28.2 per cent and an ROCE of 23.2 per cent. The stock is up by 71.6 per cent from its 52-week low of Rs 11.49 per share and multibagger returns of 243 per cent in 3 years.

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