High ROE & high ROCE stock: This micro-cap IT company partners with Vi India; know more here!

The shares of the company have an ROE of 31.7 per cent and an ROCE of 41 per cent.

Yudiz Solutions Ltd, a leading digital transformation and game development company, has partnered with Vodafone India (Vi) to launch a groundbreaking VR combat shooting game. The game is powered by 5G technology and offers players an immersive and exhilarating experience.

With the VR headset, players can fully immerse themselves in the action and navigate the intricacies of virtual combat. The game also features a shared experience, where players' VR perspective is mirrored on a large TV screen, allowing them to share their experience with others.

Vodafone India's involvement in the project ensures seamless and uninterrupted gameplay, thanks to its presence in 50 countries. The game also delivers seamless, high-octane action with minimal latency, ensuring that players can react with lightning speed.

The partnership between Yudiz and Vi is a step towards redefining the future of gaming. With 5G technology and Yudiz's inventive prowess, gamers can expect extraordinary gaming experiences in the near future.

Commenting on the strategic partnership, Bharat Patel, Chairman and Director of Yudiz Solutions, said, “We are thrilled to partner with Vodafone India (Vi) on the VR combat shooting experience and showcase a cutting-edge gaming adventure that pushes the boundaries of VR. This collaboration with Vi doesn’t stop at one game. It is a revelation of how 5G can revolutionise not just gaming but also AR and VR experiences, ushering in a new era of interactive entertainment. It opens doors to a realm of possibilities and we are excited to contribute to the future of immersive gaming.”

About: The company has a market cap of Rs 155 crore. According to the annual results, the net sales increased by 45.43 per cent to Rs 27.3 crore, operating profit increased by 176.5 per cent to Rs 6.09 crore and net profit increased by 271.6 per cent to Rs 2.75 crore in FY23 compared to FY22.

On Thursday, shares of Yudiz Solutions gained 0.23 per cent to Rs 149.35 per share with an intraday high of Rs 149.35 and an intraday low of Rs 149.20. The stock’s 52-week high is Rs 213.8 and its 52-week low is Rs 140.

The shares of the company have an ROE of 31.7 per cent and an ROCE of 41 per cent. Investors should keep an eye on this micro-cap stock.

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