Multibagger IT-software company bags new order worth Rs 98,09,000 from the Government of Odisha
The stock gave multibagger returns of 145 per cent in just 1 year and a whopping 300 per cent in 3 years.
Atishay Limited announced it has secured a new work order valued at Rs 98.09 lakh (inclusive of GST) from the State Health Assurance Society, Government of Odisha, for the printing and delivery of PVC Ayushman/AB PMJAY-GJAY Co-branded Cards across 10 districts. This 180-day project, following a previous ₹3.02 Crore contract from the same authority, highlights Atishay's established reputation, operational proficiency, and the government's continued trust. The company is committed to delivering these cards in strict adherence to National Health Authority guidelines, ensuring timely completion and reinforcing investor confidence in its sustained growth and project execution capabilities.
Earlier, Atishay Limited secured a Rs 19.57 lakh work order from Himachal Pradesh's Technical Education Department to implement a Smart Classroom at Government College of Pharmacy, Ghorab, utilizing interactive learning tools and advanced digital connectivity. This project, following a similar win in Rohru, reinforces Atishay's position as a leading system integrator in educational technology, demonstrating its commitment to modernizing learning environments through innovative solutions and seamless system integration.
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About the Company
Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech, and the implementation of turnkey IT solutions. The company has a market cap of Rs 173 crore.
Annual Results: The net sales increased by 106 per cent to Rs 43.26 crore, the operating profit increased by 245 per cent to Rs 9.63 crore and the net profit increased by 756 per cent to Rs 5.55 crore in FY24 compared to FY23.
The stock’s 52-week high is Rs 249.90 per share and its 52-week low is Rs 59.10 per share. The stock gave multibagger returns of 145 per cent in just 1 year and a whopping 300 per cent in 3 years. Investors should keep a close eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.