Wednesday , 22 March 2023
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Maestros Electronics & Telecommunication System rises on getting order worth Rs 7.68 crore

Maestros Electronics & Telecommunications Systems is currently trading at Rs. 48.89, up by 2.89 points or 6.28% from its previous closing of Rs. 46.00 on the BSE.

The scrip opened at Rs. 48.89 and has touched a high and low of Rs. 48.89 and Rs. 48.89 respectively. So far 7367 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.40 on 18-Apr-2022 and a 52 week low of Rs. 40.10 on 25-Aug-2022.

Last one week high and low of the scrip stood at Rs. 49.72 and Rs. 44.10 respectively. The current market cap of the company is Rs. 25.35 crore.

The promoters holding in the company stood at 55.52%, while Institutions and Non-Institutions held 0.20% and 44.28% respectively.

Maestros Electronics & Telecommunication System (METSL) has received purchase order (PO) from Medical Health and Family Welfare Department Uttar Pradesh, a State PSU, for delivery of 1,362 units of product named ‘METSL 1 channels TFT preconfigured / Non-modular multipara monitor – Low End’. The cost of the order is Rs 7.68 crore. The order is to be executed by May 13, 2023.

Maestros Electronics & Telecommunication System has focused business areas are Medical device manufacturing, Telemedicine and Healthcare Solution and Business Automation (Banking and Micro finance, financial inclusion, PDS automation).