Multibagger Penny Stock Under Rs 10 In Green As Company Bags Orders From MIT World Peace University; HNB Garhwal University & Manipur University
The shares of the company saw a spurt in volume by more than 1.3 times on BSE and gave multibagger returns of over 150 per cent from its 52-week low of Rs 3.76 per share.
Scanpoint Geomatics Ltd announced that our company received orders from the following esteemed educational institutions:
MIT World Peace University, Pune a prestigious institution of higher education in India, for the supply of our flagship product- IGiS GIS and Image Processing Software. This software will be utilized to provide training in the field of Geomatics to students and university officials.
HNB Garhwal University (Hemvati Nandan Bahuguna Garhwal University) Established in 1973 and located in the Himalayas, this Central University is committed to regional and community development. We are supplying IGiS software to facilitate similar training programs.
Manipur University, a leading Central University in Manipur, was established in 1980, we have successfully delivered and installed IGiS software at this institution in order to impart training to the University officials. Our flagship product “IGiS” is being already used by other renowned Educational Institutes across India for training purposes.
These orders aim to enhance the educational experience of students and university officials in the field of Geomatics. This achievement is expected to strengthen its position as a leading indigenous GIS & image processing software provider and enhance its reputation in the Education sector which in turn opens up new business opportunities in the Geomatics industry.
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About the Company
Scanpoint Geomatics Ltd, a pioneer in GIS-based software development, was established in 1992. The company's flagship product, IGiS, is a comprehensive geospatial platform that integrates GIS, image processing, photogrammetry and CAD functionalities. IGiS empowers users to create, view, analyse and manage geospatial data efficiently. Scanpoint offers a wide range of solutions tailored to various industries, including agriculture, defence, forestry, disaster management, land information, mining, power, smart cities, urban planning, utilities and location-based services. The company's strategic partnership with ISRO provides valuable domain expertise and enhances its ability to deliver innovative and cutting-edge geospatial solutions.
On Friday, shares of Scanpoint Geomatics Ltd jumped over 8 per cent to an intraday high of Rs 9.46 per share from its previous closing of Rs 8.75 per share. The shares of the company saw a spurt in volume by more than 1.3 times on BSE and gave multibagger returns of over 150 per cent from its 52-week low of Rs 3.76 per share. The company has a market cap of Rs 154.15 crore and investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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