Stock Report

Atishay Ltd receives work order for the Computerization of Agriculture and Rural Development Banks in Himachal Pradesh



Posted On : 2024-11-05 17:22:29( TIMEZONE : IST )

Atishay Ltd receives work order for the Computerization of Agriculture and Rural Development Banks in Himachal Pradesh

Atishay Limited has been awarded a significant work order from the Director of Cooperation, Himachal Pradesh, for the Computerization of Agriculture and Rural Development Banks (ARDBs). This project entails the digital transformation of State Cooperative Agriculture and Rural Development Banks (SCARDBs) and Primary Cooperative Agricultural and Rural Development Banks (PCARDBs) and their branches, across all districts of Himachal Pradesh, aimed at strengthening financial accessibility and operational efficiency in the region.

This new work order, valued at Rs. 1.93 Crores, marks a major step in expanding our expertise and strengthening market presence in the digitization of financial services for the agriculture and rural development sectors. It builds on our successful PACS digitization initiatives in Himachal Pradesh and Madhya Pradesh, reinforcing Atishay Limited's role as a trusted partner in delivering rural banking technology solutions.

Our past successes in similar projects have been instrumental in securing this new mandate, reflecting our commitment to impactful technology integration and sustainable growth. This new project will positively influence our financial performance, contributing to revenue and profitability growth.

Atishay Limited expresses sincere gratitude for the trust and support from its shareholders and stakeholders, whose confidence continues to fuel our growth journey. We look forward to delivering on this new project and to furthering our role in advancing digital solutions within the agricultural financial services sector.

Further, in line with the SEBI Circular, we would like to clarify that neither the promoter nor the promoter group holds any stake in the entity responsible for project allocation.

This underscores our commitment, transparent and impartial tendering processes, reflecting our dedication to ethical business conduct. Additionally, we confirm that this project is a domestic order, distinct from related party transactions.

Shares of Atishay Ltd was last trading in BSE at Rs. 191.75 as compared to the previous close of Rs. 182.65. The total number of shares traded during the day was 61863 in over 605 trades.

The stock hit an intraday high of Rs. 191.75 and intraday low of 173.65. The net turnover during the day was Rs. 11557180.00.

Source : Equity Bulls

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