Throughout Friday’s buying and selling session, the shares of an organization engaged in software program & {hardware} improvement, consultancy providers, digital equipments and different expertise options surged round 9.6 p.c on NSE, after securing a piece order price ~Rs. 6 crores for Software program Improvement together with different data-related works.
Worth Motion
With a market capitalisation of Rs. 155 crores, at 02:07 p.m., the shares of Canarys Automations Restricted have been buying and selling within the inexperienced at Rs. 27.6 on NSE, up by round 4 p.c, as towards its earlier closing value of Rs. 26.55.
What’s the Information
As per the newest regulatory filings with the NSE, Canarys Automations Restricted has been awarded a piece order valued at almost Rs. 6 crores from Compviz Applied sciences Non-public Restricted, with fee due inside 30 days from the date of bill.
The scope of this order consists of the software program design/improvement of an Android cell utility for EHP Inspection Information visualization and a Defect Monitoring Module, in addition to information gathering & consolidation, information validation & processing, and information evaluation & reporting.
Earlier Orders
fifth December 2024: Canarys Automations was awarded an order valued at almost Rs. 3 crores from Karnataka Golf Affiliation (KGA) to offer software program providers for the invention, implementation, go-live and upkeep phases of the KGA digitalization undertaking, geared toward delivering a complete personalized ERP resolution for a assist interval of 4 years.
sixteenth December 2024: The corporate secured a piece order price Rs. 15.5 crores from the Authorities of Tamil Nadu, Water Sources Division, Chennai, for the availability, set up, testing and commissioning of SCADA (Supervisory Management and Information Acquisition) based mostly Reservoir Gate Automation and Operations System. This consists of 5 years of Operations and Upkeep for the Chennai Metropolis Water Provide Reservoirs Mission.
Additionally learn: PSU Railway inventory jumps 4% after receiving ₹554 Cr order from Nationwide Freeway Authority
Financials
Canarys Automations skilled vital progress in its income from operations, exhibiting a year-on-year rise of 21.3 p.c, from Rs. 31 crores in H1 FY24 to Rs. 37.6 crores in H1 FY25. Equally, its internet revenue elevated throughout the identical interval from Rs. 2.65 crores to Rs. 4.2 crores, indicating a powerful progress of round 58.5 p.c YoY.
In regards to the Firm
Canarys Automations Restricted, one of many main IT options suppliers, is engaged within the enterprise of software program and {hardware} improvement and upkeep and consultancy providers and operation of digital gear, together with enterprise the execution of built-in water administration system tasks on a turnkey foundation.
Written by Shivani Singh
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