The shares of this micro-cap stock primarily engaged in providing EPC services in the fields of water and wastewater management has come into focus after SB Opportunities Fund I sells 60,000 shares at Rs 395.04 apiece
Price Action
With a market capitalization of Rs 387.13 crore, Pelatro Limited hit a 5 percent lower circuit of Rs 372 per share in Monday’s trading session, compared to its previous closing price of Rs 391.55 per share.
What Happened
Pelatro Limited, specializing in customer management for the Telecommunications and BFSI sectors, was recently part of a bulk deal where SB Opportunities Fund I sold 60,000 Shares at ₹395.04 apiece, worth Rs. 2.37 Cr
About the Company
Pelatro Limited is a prominent provider of customer engagement solutions for the Telecommunications and BFSI sectors. Based in India, Pelatro Private Limited has offices in Singapore and Russia, with Global Development Centres located in India, Russia, and the Philippines.
They offer mViva, an all-in-one customer engagement platform designed to enable brands to deliver personalized interactions with their end users. The company has 39 networks across 33 countries and 9 patents, out of which 4 have been issued.
As of H1 FY25, the company reported revenue of Rs 38.44 crore and net profit of Rs 5.03 crore. In terms of liquidity, the company holds a debt-to-equity ratio of 0.24.
Written by Shwetha Sairam
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