This small-cap IT company receives a contract worth USD 3.91 million
The stock has a 52-week high of Rs 197 and a 52-week low of Rs 115.55.
Today, shares of Cybertech Systems and Software Ltd surged 0.53 per cent to an intraday high of Rs 125.05 per share. At 03:30 pm, shares of the company ended down by 1.25 per cent to Rs 122.85 per share.
Recently, Cybertech Systems and Software informed both the exchanges (BSE & NSE) the company has received a contract/award from ESRI Cartonet LLC, USA worth USD 3.91 million. The contract includes the development of GIS software. This was an international contract received by the company.
Cybertech Systems and Software Ltd provide IT services to customers primarily in USA and India with a focus on next-generation geospatial, networking and enterprise IT solutions. The company's key offerings include SAP S/4HANA and SAP cloud offerings, managed ArcGIS cloud services and spatialities cloud software solutions.
Talking about the financials, the firm has a market cap of Rs 350 crore. The company reported positive numbers in both Quarterly Results and annual results. In Q3FY23, net sales and net profit rose by 19.85 per cent and 7.53 per cent respectively over Q3FY22.
The stock has a 52-week high of Rs 197 and a 52-week low of Rs 115.55. Investors should keep a close eye on this IT Small-Cap stock.