Micro Technologies India gained 2.15% to Rs 230 at 9:59 IST on BSE after the company said on Thursday, 10 April 2008, it has launched new software product Micro LNTS to locate the stolen laptops leveraging the world wide web.
The stock hit a high of Rs 230 and a low of Rs 228 so far during the day. The stock had a 52-week high of Rs 385 on
The company’s current equity is Rs 10.75 crore. Face value per share is Rs 10.
The current price of Rs 230 discounts its Q3 December 2007 EPS of Rs 53.66, by a PE multiple of 4.29.
Micro Technologies India’s net profit rose 21.48% to Rs 14.42 crore on 20.69% growth in net sales to Rs 46.60 in Q3 December 2007 over Q2 September 2007.
Micro Technologies has designed new and innovative software for laptops known as Micro LNTS (Lost Notebook Tracking System). Micro Lost Notebook Tracking System is embedded on notebook hard drives, allowing systems to be tracked as soon as they are connected to the Internet.
The company provides information technology (IT) solutions. The services of the company include system integration, software services and products, technical services, E commerce and Internet services.
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