Alphalogic Techsys hits new 52-week high on the bourses

Alphalogic Techsys is currently trading at Rs. 48.45, up by 2.30 points or 4.98% from its previous closing of Rs. 46.15 on the BSE.

The scrip opened at Rs. 50.70 and has touched a high and low of Rs. 50.70 and Rs. 42.00 respectively. So far 105607 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 50.70 on 20-Dec-2021 and a 52 week low of Rs. 9.73 on 04-Mar-2021.

Last one week high and low of the scrip stood at Rs. 50.70 and Rs. 28.15 respectively. The current market cap of the company is Rs. 98.91 crore.

The promoters holding in the company stood at 74.81% and Non-Institutions held 25.19% stake in the company.

Alphalogic Techsys is planning to raise funds through issuance of equity shares or any other securities through one or more permissible modes or in combination thereof as considered appropriate under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013 and other applicable laws including determination of issue price, subject to such regulatory/statutory approvals as may be required, including approval of shareholders of the Company. The meeting of the Board of Directors of the Company will be held on December 17, 2021 to consider the same.

Alphalogic Techsys is engaged in Healthcare, Software-as-a-service (SAAS Software), Ecommerce, Fintech, Social Networking, and other industries. It provides a wide range of services, including, Web Application Development, Mobile Application Development, UI/UX Consulting, Business Intelligence, and Data Analytics services.

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