Share price of this penny stock moved up by 1.24% to close at Rs. 31.80 on BSE in the trading session of Thursday, compared to its previous close of Rs. 31.41, after the company announced receiving a work order from the Bihar Education Department.
With a market capitalisation of Rs. 19.08 crore, in the last one year, the company has delivered positive returns of about 381.09 percent and nearly 142.93 percent of returns in the last six months. So far in 2024, it has given negative returns of around 11.45 percent.
According to recent regulatory filings with the BSE, Hiliks Technologies Limited has received a work order from Bihar Education worth Rs. 5.34 crore.
The order received by the company is for the installation of ICT Lab Computer Systems in 27 schools located in Vaishali District, Bihar, for a duration of five years.
In terms of financials, the revenue from operations of the company reduced by nearly 50% QoQ from Rs. 0.04 crore in Q2 FY23-24 to Rs. 0.02 crore in Q3 FY23-24.
However, the net profit of the company grew by around 114.28 percent QoQ from a loss of Rs. 0.28 crore in Q2 FY23-24 to Rs. 0.04 crore in Q3 FY23-24.
Founded in 1985, Hiliks Technologies Limited is an IT services company that provides a wide range of HR solutions and consultancy services to organisations across the globe.
Written by Shivani Singh
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