Datamatics Global Services rose 5.07% to Rs 53.90 at 9:53 IST on BSE after the company said that its consortium has won a contract to provide automatic fare collection system for the North-South corridor of the Lucknow Metro rail project.
The announcement was made after market hours yesterday, 9 May 2016.Meanwhile, the BSE Sensex was down 26.12 points, or 0.10%, to 25,662.74.
On BSE, so far 12,000 shares were traded in the counter, compared with an average volume of 12,987 shares in the past one quarter. The stock hit a high of Rs 55.90 and a low of Rs 53.70 so far during the day. The stock hit a 52-week high of Rs 77.75 on 6 January 2016. The stock hit a 52-week low of Rs 41.15 on 29 February 2016. The stock had underperformed the market over the past one month till 9 May 2016, sliding 4.29% compared with 4.11% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.52% as against Sensex's 6.94% rise.
The small-cap company has an equity capital of Rs 29.47 crore. Face value per share is Rs 5.
Datamatics Global Services (DGSL) announced that a consortium of the company and Mikroelektronika have won a contract to provide automatic fare collection (AFC) system for the North-South corridor (Phase IA) of the Lucknow Metro Rail project. The contract has been awarded to the consortium at about Rs 64 crore, DGSL said.
On a consolidated basis, Datamatics Global Services' net profit rose 161.28% to Rs 11.81 crore on 0.55% increase in net sales to Rs 199.47 crore in Q3 December 2015 over Q2 September 2015.
Datamatics Global Services is a global provider of consulting, information technology (IT) and business process outsourcing (BPO) services.
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