06 Nov 2024

Atishay Shares Surge on Securing Rs 1.93 Crore Work Order

Atishay's stock hit its upper circuit limit, trading at Rs. 211.35, a rise of 10.05 points or 4.99% from the previous close of Rs. 201.30 on the BSE.

The stock opened at Rs. 211.35, which also marked its highest and lowest point of the day. A total of 22,978 shares changed hands during the session.

This BSE 'XT' group stock, with a face value of Rs. 10, reached its 52-week peak of Rs. 211.35 on November 6, 2024, and a 52-week low of Rs. 39.00 on December 21, 2023. Over the last week, the stock fluctuated between Rs. 211.35 and Rs. 170.00. The company's market capitalization now stands at Rs. 232.09 crore.

Promoters hold a 74.99% stake in the company, while non-institutional investors own 25.01%.

Atishay has received a significant work order from the Director of Cooperation, Himachal Pradesh, for the digitization of Agriculture and Rural Development Banks (ARDBs). This project includes the digital transformation of State and Primary Cooperative Agricultural and Rural Development Banks (SCARDBs and PCARDBs) across all districts in Himachal Pradesh. The initiative aims to enhance financial accessibility and operational efficiency.

Valued at Rs. 1.93 crore, this project is a strategic move for Atishay to expand its expertise in digitizing financial services for the agriculture and rural development sectors. Building on its successful PACS digitization projects in Himachal Pradesh and Madhya Pradesh, Atishay continues to establish itself as a leader in providing technology solutions for rural banking.

Atishay is growing as a prominent provider of business and knowledge process services, leveraging IT applications to drive socio-economic impact through improved planning and management.