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Everonn Systems soars on Rs 92cr contract

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BS Reporter Mumbai
Last Updated : Aug 13 2009 | 3:55 PM IST

Everonn Systems surged nearly 7% to Rs 370. The stock touched an intra-day high of Rs 373 and a low of Rs 350. The counter clocked a two-fold increase in its volume of 411,830 shares as compared to its two-week average traded quantity of 287,676 shares.
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(Updated 1238 hrs)

Everonn Systems has surged nearly 6% to Rs 367, after securing a Rs 91.87 crore computer education order from government of Uttar Pradesh.

The stock touched a high of Rs 371, after opening at Rs 351. The counter has clocked a volume of 287,800 shares as compared to its two-week average quantity of 287,676 shares.

Everonn Systems India informed BSE today in a release that it had bagged an order for implementation of computer education in 1099 Middle Schools in Uttar Pradesh for a period of 6 years, covering over 6,60,000 students of classes 6th to 12th. The company has received letter of intent from directorate of secondary education, government of Utttar Pradesh. The total number of schools in Everonn's portfolio will be over 5500 schools with this order.

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First Published: Aug 13 2009 | 3:55 PM IST

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