Scanpoint Geomatics is witnessing a positive movement in its stock price, currently trading at Rs. 8.95, marking an increase of 0.20 points or 2.29% from its previous close of Rs. 8.75 on the BSE.

The stock opened at Rs. 9.01 and fluctuated between a high of Rs. 9.09 and a low of Rs. 8.50. A total of 206,073 shares have been traded so far.

This BSE group 'X' stock, with a face value of Rs. 2, reached a 52-week high of Rs. 11.24 on August 13, 2024, and a 52-week low of Rs. 3.75 on March 6, 2024. Over the past week, the stock has varied between Rs. 9.83 and Rs. 8.28. The company's current market capitalization stands at Rs. 148.94 crore.

The promoter's stake in the company is 7.68%, while institutions and non-institutions hold 0.03% and 92.29%, respectively.

Scanpoint Geomatics recently secured orders from prestigious educational institutions. MIT World Peace University, Pune, has placed an order for the company's IGiS GIS and Image Processing Software, which will be used to train students and staff in Geomatics.

In addition, HNB Garhwal University, a Central University in the Himalayas, will also utilize the IGiS software for similar educational training. The university, established in 1973, is known for its focus on regional development.

Furthermore, Manipur University, another prominent Central University, has received and installed the IGiS software to train its officials. This installation follows the success of the software in various other educational institutions across India.

These orders aim to improve the learning experience in Geomatics, helping to strengthen Scanpoint Geomatics' standing as a leading provider of Indigenous GIS and Image Processing Software. The company expects these new contracts to further bolster its presence in the education sector and unlock new opportunities in the Geomatics industry.

Scanpoint Geomatics is known for providing comprehensive IT-GIS solutions, specializing in IT and Geoinformatics.