Introduction:
IT stock has secured a ₹6.20 crore order for SAP Implementation Services from Azam Media Limited, Tanzania. This partnership focuses on providing functional and technical SAP support, ensuring comprehensive project execution and delivering effective solutions for Azam Media’s operational needs.
Share Price movement of Adroit Infotech :
On February 24, 2025, Adroit Infotech Limited opened at ₹16.98, reaching a high of ₹18.05, up 8% from its previous close of ₹16.90 and a low of ₹16.34. Currently, it is trading at ₹17.67, with a market cap of ₹43.76 crore.
Adroit Infotech receives order:
Adroit Infotech Limited’s subsidiary, Verso Altima India Pvt. Ltd., has secured a ₹6.20 crore order from Azam Media Limited, Tanzania. The contract includes SAP Implementation Services, functional, and technical support, emphasizing comprehensive project execution.
The project involves delivering SAP services, with Adroit Infotech’s consultants offering their expertise in functional and technical aspects of SAP applications. The services will span from consultation to ongoing support, ensuring the effective use of SAP solutions for Azam Media.
Adroit Infotech, with over two decades of experience, specializes in large enterprises and mid-market sectors, focusing on improving internal processes through SAP products. The company’s deep domain and technical expertise position it as a key player in the SAP ecosystem.
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Ace investor holding of Adroit Infotech :
Satya Prakash Mittal (HUF) holds 7,20,696 shares of Adroit Infotech, representing 1.26% of the company. His investment is valued at ₹1.3 crore, with a slight decrease of ₹0.07 crore from the previous quarter, reflecting a stable commitment to the company’s future.
Neelam Mittal holds 6,77,716 shares of Adroit Infotech, representing 1.18% of the company. The investment is valued at ₹1.2 crore. This position reflects a new investment, indicating confidence in the company’s potential and long-term growth prospects.
Stock performance of Adroit Infotech for Period of 1 week, 6 months and 1 year:
Over the past week, Adroit Infotech’s stock rose by 19.6%. However, it has seen a decline of 16.6% over the last six months and a 10.4% drop over the past year. This highlights recent short-term gains but an overall negative long-term trend.
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Shareholding pattern of Adroit Infotech :
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 36.92 | 39.06 | 36.61 |
Retail & others | 63.07 | 60.94 | 63.38 |
About Adroit Infotech :
Adroit Infotech Ltd (NSE: ADROITINFO) specializes in SAP consulting, offering end-to-end solutions for large enterprises and mid-market sectors. With decades of experience, the company helps organizations streamline their processes, enhance efficiency, and achieve cost savings by implementing SAP products, services, and upgrades.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.