Stock at Rs 100: This micro-cap company wins contract for Bihar's Science, Technology, and Technical Education Department; licenses software suite to airline in Quebec City

The stock is up by 43.2 per cent from its 52-week low of Rs 65.55 per share.

Maxposure Limited, a prominent player in the new-age media and entertainment industry, has achieved remarkable success in recent times. The company has secured a significant contract with the Bihar Government to manage the social media presence of the Science, Technology, and Technical Education Department. This one-year contract, with an option for a two-year extension, entails building a robust online platform to disseminate information about the department's programs and schemes. By engaging with the audience interactively, Maxposure aims to enhance the department's visibility and create a strong, informed community. This project marks Maxposure's entry into the Bihar market, commencing in August 2023.

In another milestone achievement, Maxposure Limited has licensed its innovative software suite, SkyView, to Chrono Aviation in Quebec City. This cutting-edge portal allows passengers to enjoy in-flight entertainment on its devices through a wireless connection. Successfully integrated into Chrono Aviation's wireless stream device, SkyView is set to launch in August 2023. The software offers user-friendly interfaces for both passengers and crew, enabling seamless entertainment and flight management respectively. SkyView's versatility is a key feature, as it can be seamlessly integrated with any wireless media server, demonstrating Maxposure's technological prowess.

These recent accomplishments solidify Maxposure Limited's position as a leading company in the industry. The combination of securing a government contract and licensing its software to an international airline showcases the company's diverse capabilities and market reach. As Maxposure continues to expand its operations and deliver innovative solutions, it reinforces its reputation as a trailblazer in the new-age media and entertainment sector.

About the Company

Maxposure Limited, founded in 2006, is a pioneer in India's content distribution landscape, offering comprehensive solutions across multiple platforms. The company's innovative approach and strategic focus have attracted a distinguished clientele, including IndiGo, Air India, Gulf Air, Air Arabia, Incredible India, Maruti Suzuki India, Madhya Pradesh Tourism, the Ministry of External Affairs, and luxury hospitality brands like Oberoi and Taj.

Maxposure has also developed cutting-edge technology with its AeroHub Wireless Streaming Server (WMS), enabling faster and more cost-effective in-flight content delivery. To cater to a global audience, the company provides content services in over 20 languages, spanning European, Asian, and Indian dialects.

On Thursday, shares of the company plunged 4.23 per cent to Rs 93.85 per share from its previous closing of Rs 98 with an intraday high of Rs 100 and an intraday low of Rs 93.55. The stock is up by 43.2 per cent from its 52-week low of Rs 65.55 per share.

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

Also Read: Penny Stocks from the 2007-2008 Stock Market Crisis; Set to Announce Bonus Shares: Would you benefit?