Rolta India seems back in the good books of shareholders after its stellar earnings. According to the results announced on December 9, net profit was up 134 per cent, propelling the stock by 30 per cent.
Rolta India has surged 14% to Rs 62.50 on the BSE, after the company reported a strong 91% year on year jump in its consolidated net profit at Rs 54.30 crore for the second quarter ended September 2016 (Q2FY17).
Technology solutions and services firm Rolta today in a statement said that the company is facing working capital stress over the past few months due to delay in payment from projects in the defence sector, due to which its has been unable to meet its
Rolta India, Ipca Laboratories, Inox Wind, Punj Lloyd, Tree House Education & Accessories, GVK Power & Infrastructure, Jaypee Infratech and Sunrise Asian from the BSE500 index, hit their respective 52-week lows on the BSE (Bombay Stock Exchange)
Rolta India, IT solutions and services firm, reported a net profit of Rs 59.21 crore for the fourth quarter ended March 31, 2016, registering a growth of 64.4% from Rs 36 crore in the corresponding quarter last year.
Mumbai-based Rolta, provider of IT, engineering and geospatial services, today announced that it has been awarded a seven-year contract by UK Power Networks, a major utility company that delivers electricity to London, the South East and the East of
Rolta India has soared 15% to Rs 89 on the BSE on back of heavy volumes after the company announced that it has won seven year, multi-million pound contract from UK Power Networks to manage and update their spatially-enabled network asset information.
The clearance of the new defence procurement policy or DPP set on fire stocks of companies such as Astra Microwave, Walchandnagar Industries, Rolta, Bharat Electronics (BEL), BEML, Bharat Forge and L&T, which have registered smart gains of 3-10 per
Shares of Rolta India were up nearly 4% at Rs 99 on the Bombay Stock Exchange after the company announced its foray into Turkey following the appointment of iTelligence Turkey - Elsys Bilgi Sistemleri A.S.
Rolta India has surged 6% to Rs 129 on the BSE on back of heavy volumes after the company announced that it has won Smart City and 3D Mapping with city modelling projects in the West Asia, for a combined value of around US $ 15 million.
Shares of Rolta India have slipped 8% to Rs 115 on the NSE after the company said that its consolidated net profit for the quarter ended March 31, 2015 (Q3) more than halved at Rs 36.01 crore over the previous quarter due to lower operational
Deutsche Bank has upgraded software firm Rolta India's bonds to 'buy' from 'hold' a day after the company denied allegations made by short-seller Glaucus Research about fabricated capital expenditures.
A report by US-based Glaucus Research on Thursday said Mumbai-based information technology firm Rolta India was expected to underperform the trend in average market returns, and issued a “strong sell&" recommendation on the stock.
California-based Glaucus Research, well known for shorting stocks, issued a "strong sell" report on software firm Rolta India, saying the company does not produce free cash flow and cannot repay offshore bondholders without refinancing.
Shares of Rolta were up over 3% at Rs 169 after the company announced that it has entered into an agreement with Hitachi India Pvt. Ltd. to address significant market opportunities in high growth business segments in India.
Shares of Rolta India and Bharat Electronics have rallied by up to 11% on the Bombay Stock Exchange (BSE) in early morning trade after these companies on Thursday announced that the ministry of defence had selected their consortium as a development