IT Stock Hit Upper Circuit After Bagging Order Worth Rs 97,52,00,000 From State Information Technology, Electronics and Communication Department

The company has a market cap of Rs 87 crore and the stock is up by 64 per cent to Rs 77.95 per share.

Sattrix Information Security Limited announced that it has secured a significant agreement with the State Information Technology, Electronics and Communication Department for Cybersecurity Security Operations Centre (SOC) Maintenance Services; this domestic order, valued at Rs 97.52 Crore, entails providing comprehensive SOC maintenance services for a duration of 3 years and 11 months.

Earlier, the company's wholly-owned subsidiary, Sattrix Information Security Incorporation, secured a significant international order from a prestigious US-based Healthcare Entity for the Supply of License Services, commencing on April 17th, 2025, and valued at USD 384,000 for a period of 12 months.

Sattrix Information Security Ltd, founded in 2013 and also operating through its incorporation in the same year, delivers comprehensive information and cybersecurity services, developing customer-centric solutions and end-to-end services for enterprises across India, the USA, and the UAE; the company specializes in designing and building data security solutions, both on cloud and on-premise, tailored to meet specific client requirements, thereby assisting organizations in safeguarding their data against unauthorized access and various security threats.

On Wednesday, shares of Sattrix Information Security hit a 5 per cent upper circuit to Rs 127.85 per share from its previous closing of Rs 121.80 per share. The stock’s 52-week high is Rs 254 per share and its 52-week low is Rs 77.95 per share. The company has a market cap of Rs 87 crore and the stock is up by 64 per cent to Rs 77.95 per share. Investors should keep an eye on this IT stock.

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