IT-Penny Stock Under Rs 80 Jumps Over 10 Per Cent As Company Bagged Order From Webel Technology Limited Worth Gross Value Of Rs 462.65 Lakh

The company's shares jumped over 10 per cent to an intraday high of Rs 77.50 per share with a spurt in volume by more than 5 times on BSE

Euphoria Infotech India Limited informed that the company has bagged an order worth a gross value of Rs 462.65 lakh from Webel Technology Limited. The said order is expected to be completed within March 2025. Webel Technology Limited is a nodal agency for the Government of West Bengal for implementation of IT and ITes.

About the Company

Euphoria Infotech India Limited, established in 2001, is a comprehensive IT and ITes solutions provider specializing in a wide range of services, including ERP, e-commerce, IoT, cloud-based tools, and data management. With a focus on delivering tailored solutions, Euphoria Infotech has become a trusted technology partner for businesses across various industries.

The company offers a diverse portfolio of services, ranging from customized software development to advanced technologies like artificial intelligence and machine learning. Their expertise extends to creating web applications for various purposes, including online recruitment, application processing, urban local body services, university management, ticket booking, e-commerce, and IoT-based dashboards for sectors such as sewerage treatment plants. Euphoria Infotech's commitment to providing high-quality solutions has earned them the trust of government and financial organizations, including over 100 municipalities in West Bengal.

On Thursday, shares of Euphoria Infotech India Limited jumped over 10 per cent to an intraday high of Rs 77.50 per share from its previous closing of Rs 70.15 per share with a spurt in volume by more than 5 times on BSE. The company has a market cap of Rs 21.73 crore.

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