Mindteck (India) Limited (BSE: MINDTECK), a global technology company, will demonstrate its smart parking solution at the 27th November Smart City-Smarter West Bengal Summit in Kolkata. The event has been organized by Governance Today magazine in association with the Urban Development Department of the Government of West Bengal. Sectors concerned with urban planning, disaster management, transportation, IT and Communications, Security, Safety and Energy, as well as private companies, PSUs and the Government will gather to facilitate innovations for smart city planning. Expected attendees include departmental heads from the Ministry of Transport, IT & Electronics and Science & Technology, as well as municipal commissioners and urban development officials from neighboring states.
Dr. K V Krishnan, Mindteck's Vice President-IT Services, will demo its smart parking solution and present an overview of the company's other smart city solutions, including its recent work in smart healthcare, during the event's 02:50-03:50 PM time slot: Panel 3 - Seamless Urban Transport: Backbone of Smart Mobility. He will also join a panel of distinguished guests for discussions on smart city technological advances. "Urbanization has led to severe congestion on roads and issues with parking all around. We are pleased to have the opportunity to show this end-to-end solution for both indoor and outdoor car parking occupancy detection and management," commented Yusuf Lanewala, Mindteck Chairman and Managing Director. He added, "We have executed best-in-class smart city solutions worldwide and are well-prepared to address the needs for implementation of smart cities ranging from traffic management and energy efficiency, to e-governance and intelligent lighting."
Shares of MINDTECK (INDIA) LTD. was last trading in BSE at Rs.164.2 as compared to the previous close of Rs. 161.8. The total number of shares traded during the day was 143474 in over 1386 trades.
The stock hit an intraday high of Rs. 171.9 and intraday low of 161.5. The net turnover during the day was Rs. 23906479.