Cyber Security stock engaged in the business of designing and building data security solutions and many more jumped upto 10 percent in the day’s trade upon receiving a work order from leading telecom operator.
Price Action
With a market capitalization of Rs. 110 Crores, the shares of Sattrix Information Security Limited closed at Rs. 161 per equity share, down 1.26 percent from its previous day’s close price of Rs.163.05.
What Happened
Sattrix Information Security Limited has received a new work order from a prominent telecom operator for providing implementation and support services for advanced data security solutions.
The scope of work includes installation, commissioning, and upgrade support, ensuring robust and scalable security infrastructure. The said project is scheduled to be completed within 12 months, emphasizing Sattrix’s commitment to timely and high-quality delivery.
About the Company
Sattrix Information Security Limited is engaged in the business of developing customer-centric cybersecurity solutions. It involves designing and building data security solutions in the cloud and on-premise based on the client’s requirements
Financials & Ratios
Its Revenue from operations declined by 12 percent HoH from Rs. 25.14 Crores in H1FY24 to Rs. 22.19 Crores in H1FY25, accompanied by profits of Rs. 0.93 Crores to Rs. 0.40 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 14.2 percent and a return on capital employed (ROCE) of 22.7 percent. It has reported a debt-to-equity ratio of 0.05.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
