Wednesday, August 6, 2008

Compucom Software reboots on new order win

Compucom Software was locked at 5% upper limit of Rs 23.40 at 12:01 IST on BSE on bagging an order worth Rs 16.18 crore from Jaipur Vidyut Vitran Nigam to establish and operate customer management system on build, own, operate and transfer basis.
The company made this announcement during trading hours on Wednesday, 6 August 2008.
The stock hit a high of Rs 23.40 and a low of Rs 23 so far during the day. The stock had hit a 52-week high of Rs 45.35 on 10 January 2008 and a 52-week low of Rs 11.80 on 22 August 2007.
The company has an equity capital of Rs 5.03 crore. Face value per share is Rs 2.
The current price of Rs 23.40 discounts its Q1 June 2008 annualised EPS of Rs 4.02, by a PE multiple of 5.82.
In May 2008, Compucom Software bagged an order worth Rs 142 crore from the secondary education department, Government of Rajasthan for executing ICT project in 2292 government schools in the state.
Compucom Software’s net profit rose 121.93% to Rs 2.53 crore on 29.61% increase in total income to Rs 5.69 crore in Q1 June 2008 over Q4 March 2008.
The company is engaged in the offshore business areas of telecom software and GIS software/conversion. Its current activities also involve software development, on-site resource contracting, data conversion, education and IT consulting.

No comments: