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Saksoft rises on completing acquisition of 20% stake in Dreamorbit Softech

  • Jul-11-2019
  • 15 Hrs IST

Saksoft is currently trading at Rs. 316.00, up by 1.25 points or 0.40% from its previous closing of Rs. 314.75 on the BSE.

The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 318.95 and Rs. 315.00 respectively. So far 405 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 367.00 on 11-Jun-2019 and a 52 week low of Rs. 202.25 on 16-Jul-2018.

Last one week high and low of the scrip stood at Rs. 326.80 and Rs. 310.00 respectively. The current market cap of the company is Rs. 331.01 crore.

The promoters holding in the company stood at 69.21%, while Institutions and Non-Institutions held 0.87% and 29.91% respectively.

Saksoft has completed last tranche acquisition of 20% equity share capital of Dreamorbit Softech on July 10, 2019. With this acquisition, Dreamorbit Softech has become a wholly owned subsidiary of the company.

Saksoft offers the complete stack of services in the Information Management / Business Intelligence area from Consulting, building Data-warehouse and providing Analytics solution.