Throughout Thursday’s buying and selling session, the shares of an organization engaged in offering full-stack IT and ITes options hit a ten % higher circuit on BSE, after the corporate introduced securing an order from Webel Know-how Restricted price Rs. 15.8 crores.
Value Motion
With a market cap of Rs. 7,358.3 crores, the shares of Euphoria Infotech (India) Restricted hit a ten % higher circuit at Rs. 38.87 on BSE, as in comparison with its earlier closing worth of Rs. 35.34. The inventory has delivered damaging returns of almost 32 % over one yr, in addition to round 31 % returns in a single month.
What’s the information
In keeping with the most recent regulatory filings with the BSE, Euphoria Infotech (India) Restricted has secured an order price a gross worth of Rs. 15.8 crores from Webel Know-how Restricted.
The corporate will probably be accountable for offering the service of implantation of reasonably priced IoT-enable water service supply measurement and monitoring sensing methods for rural growth within the villages at completely different blocks of Purba and Paschim Medinipur District in West Bengal.
Webel Know-how Restricted is a nodal company for the Authorities of West Bengal for the implementation of IT and IT-enabled companies.
Additionally learn: Photo voltaic inventory hits higher circuit after receiving order price over ₹300 Cr for solar energy challenge
Financials
Euphoria Infotech reported a big progress in income from operations, experiencing a year-on-year enhance of almost 89.2 %, rising from Rs. 3.7 crores in H1 FY24 to Rs. 7 crores in H1 FY25.
Equally, throughout the identical interval, the corporate’s web revenue elevated from Rs. 0.6 crore to Rs. 1 crore, indicating an increase of round 66.6 % YoY.
In regards to the firm
Integrated in 2001, Euphoria Infotech (India) Restricted is principally engaged in Data Know-how Exercise offering high-end IT and ITes options within the area of Citizen-Centric Functions, Enterprise Useful resource Planning (ERP), E-Commerce, Utility programming interface (API), Web of Issues (IoT), cloud-based instruments and software, knowledge administration and so on. utilizing normal software program practices or by means of customised software program growth mannequin.
Written by Shivani Singh
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