Penny Stock Under Rs 30: Micro-cap Company Bags New Order Worth Rs 80,02,680 From Zeal College of Engineering and Research
The stock is down by 50 per cent from its 52-week high of Rs 52.26 per share.
3C IT Solutions & Telecoms (India) Ltd. has secured a significant purchase order worth Rs 80,02,680 from Zeal College of Engineering and Research. This order for 60 iMac 24 desktops underscores the growing demand for our high-quality products and services within the education sector. This development reaffirms our commitment to providing innovative solutions tailored to the evolving needs of educational institutions. We are confident that this order will positively impact our business operations and contribute to our company's overall growth.
Incorporated in 2015, 3C IT Solutions & Telecoms (India) Ltd is a dynamic IT solutions provider focused on delivering innovative and comprehensive IT services. The company specializes in a wide range of IT solutions, including data storage management, network design and implementation, end-user device management, data protection, and more.
By offering a diverse portfolio of products and services, 3C IT Solutions & Telecoms aims to empower businesses of all sizes to achieve their digital transformation goals. Their commitment to providing cutting-edge technology solutions, coupled with their expertise in strategic consulting and process optimization, enables clients to streamline operations, enhance productivity, and gain a competitive edge in today's digital landscape.
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The company has a market cap of Rs 16 crore. The shares of the company have a PE of 27x, an ROE of 3 per cent and an ROCE of 13 per cent. The stock is down by 50 per cent from its 52-week high of Rs 52.26 per share.
Disclaimer: The article is for informational purposes only and not investment advice.