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Mindteck (India) hits 5 per cent upper circuit! Heres why?
Armaan Madhani
/ Categories: Trending, Mindshare

Mindteck (India) hits 5 per cent upper circuit! Heres why?

The global engineering and technology solutions company, Mindteck (India) has recently announced another project win from a leader of mass spectrometry solutions. The project encompasses the optimization of application module software as an external module of instrument control and workflow module software.

To quote Jacob Pillay, Senior Vice President – Sales (US and Europe), Mindteck (India) from a filing with the exchange, “We are pleased to have an opportunity to help laboratories achieve more efficient performance through the enhancement of our client’s mass spectrometry software suite.”

To quote Anand Balakrishnan, CEO and Managing Director, Mindteck (India) from a filing with the exchange, “This client is one of the seven analytical instrument industry leaders that we have had the pleasure to work with over the years. It is exciting to witness their continual success in the advancement of life science instrumentation.”

Two days earlier on December 22, 2021; the company had informed the exchange that it had secured a new project from an analytical instrument European-based client, who is a provider of precision instrumentation monitoring solutions to reduce occupational and environmental health risks.

Mindteck is a global engineering and technology solutions company devoted to delivering knowledge that matters to help clients compete, innovate and propel forward along the digital continuum. The company’s legacy expertise in embedded systems, enterprise applications and testing is a powerful complement to competencies in digital engineering, including cloud, IoT and cybersecurity, as well as data engineering services such as AI/ML and analytics. Since its establishment in 1991, Mindteck’s clientele has included top-tier Fortune 1000 companies, start-ups, leading universities, and government entities.

Shares of Mindteck (India) on Friday, December 24, 2021, opened at Rs 159.30 per share on BSE and later in the session froze at a 5 per cent upper circuit of Rs 167.45.

Watch out for this counter for more action in the coming days!

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