Rolta rises on order win
By
Research Desk
about 9 years ago
Shares of mid-size IT player Rolta India are up nearly 4% at Rs. 101.30, close to day’s high price of 103.55 on NSE. Combined turnover on NSE and BSE of over 12 lakh shares has surpassed the two-week average traded volume of 11.60 lakh shares.
Company has won an engineering systems contract worth US$ 13 million (approximately Rs. 86 crore) from one of the world’s largest petrochemical complexes. This project is being managed by the company’s team working out of offices in India, US and Middle East.
For Q1FY16, Rolta India reported consolidated topline of Rs. 983 crore and bottomline of Rs. 41 crore, leading to an EPS of Rs. 2.5, as against FY15 EPS of Rs. 15.2 on full year sales Rs. 3,679 crore.