Penny Stock Under Rs 20 Jumps 13.8 Per Cent After Bagging International Order Worth USD 69,84,000 From Star IT Solutions Ltd
The company has a market cap of Rs 42 crore and the stock is up by 34 per cent from its 52-week low of Rs 11.96 per share.
ETT Ltd has received three international purchase orders from Star IT Solutions Limited for a total value of USd 69,84,000. These orders, to be executed within 365 days from the purchase order date, encompass providing services in Digital Content Creation, Social Media Marketing, and Digital Marketing Strategy & Campaigns. The terms and conditions specify that the client will provide all necessary access, and any services outside the defined scope will incur additional charges.
ETT Limited, an India-based property developer, focuses on the development and management of software technology centers, IT parks, and intelligent office complexes, with a diversified portfolio that includes office spaces like Express Trade Towers in Noida and Gurgaon, the EXPRESS SAROVAR PORTICO hospitality project, and the expansive BABA COUNTY township. The company has also completed several residential projects under the "Baba" brand, demonstrating its presence across various real estate segments, including commercial, residential, hospitality, and warehousing.
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On Wednesday, shares of ETT Ltd jumped 13.8 per cent to Rs 16 per share from its previous closing of Rs 14.06 per share with a spurt in volume by more than 2 times on BSE. The company has a market cap of Rs 42 crore and the stock is up by 34 per cent from its 52-week low of Rs 11.96 per share. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.