Mindteck hits 20% upper circuit; implements innovative Smart Parking Solution in Delhi

India Infoline News Service | Mumbai | September 20, 201615:05 IST

The company announced that it has implemented a smart parking pilot project at Connaught Place, C Block, New Delhi, for the New Delhi Municipal Corporation.

Mindteck (India) Ltd is currently trading at Rs. 94.1, up by Rs. 15.65 or 19.95% from its previous closing of Rs. 78.45 on the BSE. The company announced that it has implemented a smart parking pilot project at Connaught Place, C Block, New Delhi, for the New Delhi Municipal Corporation.

The scrip opened at Rs. 83.7 and has touched a high and low of Rs. 94.1 and Rs. 77.6 respectively. So far 868625 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 197.65 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 194 on 30-Nov-2015 and a 52 week low of Rs. 57.5 on 21-Sep-2015. Last one week high and low of the scrip stood at Rs. 82.9 and Rs. 74.25 respectively.

The promoters holding in the company stood at 65.22 % while Institutions and Non-Institutions held 0 % and 34.78 % respectively.

The stock is currently trading above its 200 DMA.

***Note: This is a NSE Chart

 

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