Penny stock under Rs 100: 6 days ago, listed IT-company bags new order worth Rs 340 lakh from Silicon Rental Solutions Limited, Mumbai

The company has a market cap of Rs 48.37 crore. In its annual results, the company reported a net sales of Rs 30.22 crore, an operating profit of Rs 1.33 crore and a net profit of Rs 0.75 crore.

Slone Infosystems Limited announced that it has secured a significant order for 1,000 HP 240GB laptops from Silicon Rental Solutions Limited. The purchase order, dated May 15, 2024, outlines the key terms of the agreement, which includes the sale of 1,000 HP 240GB laptops by Slone Infosystems Limited to a domestic entity, Silicon Rental Solutions Limited. The order value is Rs 340 lakh plus GST, and Slone Infosystems Limited must fulfil the order within 7 days from the date of the purchase order.

Slone Infosystems Limited, founded in December 2022, is an Indian IT hardware solutions company that sells and rents IT equipment (laptops, desktops, servers, workstations) and provides IT solution services (cloud server management, IT equipment servicing) to corporate clients.

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The stock was listed on NSE 6 days ago under the SME segment with a lot size of 1600 shares. Today, shares of Slone Infosystems Limited plunged 5 per cent to Rs 91.80 per share from its previous closing of Rs 96.60 with an intraday high of Rs 92.50 and an intraday low of Rs 91.80. The stock’s 52-week high is Rs 119.45 and its 52-week low is Rs 91.80.

The company has a market cap of Rs 48.37 crore. In its annual results, the company reported a net sales of Rs 30.22 crore, an operating profit of Rs 1.33 crore and a net profit of Rs 0.75 crore.

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