Compuage Infocom shines on entering into distributor agreement with Velox Solutions

Compuage Infocom is currently trading at Rs. 33.05, up by 0.70 points or 2.16% from its previous closing of Rs. 32.35 on the BSE.

Compuage Infocom
Compuage Infocom

The scrip opened at Rs. 32.90 and has touched a high and low of Rs. 33.50 and Rs. 32.90 respectively. So far 7037 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 47.20 on 07-Jan-2022 and a 52 week low of Rs. 14.50 on 15-Apr-2021.

Last one week high and low of the scrip stood at Rs. 35.20 and Rs. 31.95 respectively. The current market cap of the company is Rs. 217.67 crore.

The promoters holding in the company stood at 58.33%, while Institutions and Non-Institutions held 0.02% and 41.65% respectively.

Compuage Infocom has entered into Distributor Agreement with Velox Solutions (hereinafter referred to as Velox) to offer a comprehensive range of next gen security products in the area of Cyber Security & IT Operation Management to a wide range of customers and partners by combining the extensive distribution network of Compuage and expertise of Velox.

This tie-up shall provide an opportunity for Compuage to significantly enhance its brand visibility by jointly working on digital marketing initiatives with Velox.

It would supplement the existing product range of Compuage and increase revenues by leveraging its extensive partner network.

Compuage Infocom is one of the India’s leading IT Distribution Company. The company is authorised service providers for APC for Lups, Creative, Mercury Motherboards and Odyssey PC Building Blocks.

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