Thursday, April 10, 2008

Four Soft hardens on new order

Four Soft surged 3.62% to Rs 31.50 at 10:44 IST on BSE after the company said Flyjac Logistics, a large logistics player in India has rolled out 4S eLog, Four Soft's warehouse management application for one of its largest customers.

The stock hit a high of Rs 31.90 and a low of Rs 31 so far during the day. The stock had a 52-week high of Rs 70.40 on 23 April 2007 and a 52-week low of Rs 22.25 on 25 March 2008.

The company’s current equity is Rs 19.48 crore. Face value per share is Rs 5.

Four Soft reported a net loss of Rs 0.37 crore in Q3 December 2007 as compared to net loss of Rs 0.13 crore in Q2 September 2007. Net sales declined 11.11% to Rs 8.72 crore in Q3 December 2007 over Q2 September 2007.

4S eLog is a web-centric warehouse management system for logistics service providers, designed to provide the core operational needs for global and domestic freight forwarding, transport, 3PL, 4PL and distribution companies.

On 3 April 2008, Four Soft said Aries Global Logistics selected Four Soft's purchase order management system software - 4S ePOMS for its logistics management.

Four Soft is an enterprise solutions company that develops innovative software products, and provides information technology (IT) consultancy services for the logistics and supply chain management.

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