Meta Infotech Share in Focus on Rs2.20 Cr Software Renewal from Leading Stock Exchange
India, June 17 -- Meta Infotech Ltd is currently trading at Rs 73.5 after yesterday's closing price of Rs 70. The stock opened at 73.45, creating a day high of Rs 73.50, and a day's low so far is Rs 73.45. The current market capitalisation of the company is Rs 139 crore, with a price-to-earnings ratio of 12.8 times, which is lower than the peer median industry ratio of 25.93 times
The contract is a software subscription agreement, indicating a service-based revenue model rather than physical deployment. The Total Contract Value is Rs 2,20,00,035 exclusive of GST, which shall be charged separately. "There is no related party or promoter linkage, and the transaction is clean and transparent," as per the document.
The contract is a renewal...
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