Stock Report

Scanpoint Geomatics Ltd shortlisted for prestigious project



Posted On : 2024-09-30 22:49:17( TIMEZONE : IST )

Scanpoint Geomatics Ltd shortlisted for prestigious project

Scanpoint Geomatics Limited (the Company) has successfully achieved a significant milestone by being shortlisted for a prestigious project of the Indian armed forces, specifically under the "MAKE-II" and IDDM (Indian Design Development and Manufacturing) initiatives. This project aims to promote indigenous design, development, and manufacturing capabilities for the armed forces.

The company's participation in the Expression of Interest (EOI) floated by a unit of the armed forces demonstrates its capabilities in providing cutting-edge geospatial solutions. The issuance of the Request for Proposal (RFP) to Scanpoint Geomatics Limited is a testament to its expertise and potential to contribute to the country's defence sector.

Shares of SCANPOINT GEOMATICS LTD. was last trading in BSE at Rs. 9.17 as compared to the previous close of Rs. 8.80. The total number of shares traded during the day was 1909782 in over 1230 trades.

The stock hit an intraday high of Rs. 9.24 and intraday low of 8.53. The net turnover during the day was Rs. 17599829.00.

Source : Equity Bulls

Keywords

SCANPOINTGEOMATICS INE967B01028 Shortlisted PrestigiousProject IndianArmedForces