Penny stock under Rs 40: This micro-cap company with m-cap of Rs 36.41 crore bagged an order of Rs 47 crore!

Shares of this company jumped more than 4 per cent in the last one month.

Atishay Limited recently secured a major work order worth Rs 47 crore in Madhya Pradesh. The tender involves the computerization of all data of the Primary Agriculture Cooperative Society (PACS) in Madhya Pradesh. The company in the exchange filing stated that the tender was won through a highly competitive bidding process and is a testament to the capability of the company to deliver high-quality, technologically advanced solutions. 

The project is managed at the State level by Apex Bank (Madhya Pradesh Rajya Sahakari Mydt.) and issued by National Bank for Agriculture and Rural Development (NABARD), involves the digitization of crucial finance-related documents and data for all PACS in Madhya Pradesh state.  

Atishay Limited is one of the established IT companies in India, focussed on supporting government initiatives through cutting-edge software and data management solutions. Our aim is to leverage modern technology to seamlessly connect citizens to Government programs and services. We are a company renowned for our comprehensive portfolio of services and practitioner’s approach to innovating current processes. Atishay Bank on its wide industry experience delivers consistent excellence and explores new areas of growth opportunity. 

On Friday, the stock opened at Rs 36.97, with a high and low of Rs 37.50 and Rs 32.00. The stock closed trading at Rs 33.16, down by 4.60 per cent over its previous close of Rs 34.76.