Multibagger IT Company Secures USD 2.5 Million Project from Oil India to Transform Wellhead Monitoring
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 85.10 per share and a whopping 900 per cent in 5 years.
Kellton Tech Solutions, a leading digital transformation company, has been awarded a substantial USD 2.5 million contract by Oil India Limited, a major player in India's oil and gas sector. This strategic partnership aims to revolutionize Oil India's wellhead monitoring operations through the deployment of Kellton's advanced real-time monitoring system, Optima.
The core objective of this project is to implement Optima across 77 wellheads in the resource-rich Duliajan region of Assam, India. This state-of-the-art platform leverages cutting-edge technologies such as AI, cloud computing, and real-time data analytics to provide comprehensive insights into wellhead performance. By integrating these advanced capabilities, Optima will enable Oil India to optimize production, reduce downtime, and enhance overall operational efficiency.
Kellton's collaboration with Oil India signifies a major stride towards digitizing India's energy sector. Optima's cloud-native architecture and AI-powered features will empower Oil India to make data-driven decisions, improve asset reliability, and achieve sustainable growth. This initiative aligns with India's broader vision of leveraging technology to modernize public sector undertakings and drive economic development.
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About Kellton Tech Solutions Limited
Kellton is a global technology consulting and IT services company founded on the belief of exploring ‘Infinite Possibilities with Technology.’ Kellton helps businesses of all sizes, ranging from startups to SMEs, and Fortune 500s, build disruptive digital solutions. With operations across the US, Europe, India, and the Asia Pacific and a global team of 1800+ employees, Kellton enables clients to use technology as their competitive advantage. Kellton has been placed four times on the Deloitte Technology Fast 50 India List and recognized by Forbes Asia as one of the Top 200 companies in their ‘Best Under a Billion,’ List.
The company has a market cap of over Rs 1,600 crore. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 85.10 per share and a whopping 900 per cent in 5 years. Investors should keep an eye on this IT stock.
Disclaimer: The article is for informational purposes only and not investment advice.