Penny stock under Rs 20 jumps over 10% after bagging new order worth Rs 6,20,00,000 from Azam Media Ltd
The stock is up by 29.4 per cent from its 52-week low of Rs 13.69 per share and multibagger returns of 325 per cent in 5 years.
On Monday, shares of Adroit Infotech Ltd gained over 10 per cent to an intraday high of Rs 17.71 per share from its intraday low of Rs 16.05 per share. The stock’s 52-week high is Rs 30.10 per share and its 52-week low is Rs 13.69 per share.
Verso Altima India Private Limited, a wholly-owned subsidiary of Adroit Infotech Limited, has secured a significant order worth Rs 6.20 crore from AZAM MEDIA LIMITED for the supply of SAP Services. This project encompasses functional and technical support for SAP implementation, marking a substantial win for Verso Altima. The company expressed delight in announcing this achievement, highlighting the importance of the order in their continued growth and success.
Adroit Infotech Limited, the parent company, is a specialist SAP consulting firm with nearly two decades of experience. They focus on helping organizations reduce costs and improve efficiency through internal process improvements using SAP products and solutions. Their expertise lies in serving large enterprises and the mid-market, offering comprehensive services from initial consultation and process analysis to implementation, rollouts, ongoing support, maintenance, and upgrades. Adroit emphasizes the value of their consultants' experience in both domestic and international projects, as well as their deep domain and technical expertise, positioning them as a valued member of the SAP ecosystem.
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About the Company
Adroit Infotech Limited, a leading SAP consulting firm from Hyderabad, India, has been optimizing businesses for nearly two decades. With a global perspective and experienced consultants, they offer a wide range of SAP services, from process analysis to ongoing support. Partnering with Verso Altima, a global IT services leader, further strengthens their ability to deliver innovative solutions across various technologies, including analytics, IoT, AI, 5G, and cloud.
According to Quarterly Results, net sales increased by 9 per cent to Rs 7.48 crore and net profit increased by 20 per cent to Rs 0.54 crore in Q3FY25 compared to Q3F24. In its annual results, the net sales increased by 10.7 per cent to Rs 24.86 crore and net profit decreased by 21 per cent to Rs 3 crore in FY24 compared to FY23. The stock is up by 29.4 per cent from its 52-week low of Rs 13.69 per share and multibagger returns of 325 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.