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12-Oct2017

Nihar Info Global touches the roof on the BSE

Nihar Info Global is currently trading at its upper circuit limit of Rs. 13.80, up by 0.65 points or 4.94% from its previous closing of Rs. 13.15 on the BSE.

The scrip opened at Rs. 13.80 and has touched a high and low of Rs. 13.80 and Rs. 13.80 respectively.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.80 on 27-Apr-2017 and a 52 week low of Rs. 10.00 on 29-Sep-2017.

Last one week high and low of the scrip stood at Rs. 14.50 and Rs. 12.10 respectively. The current market cap of the company is Rs. 6.90 crore.

The promoters holding in the company stood at 63.01%, while non-institutions held 36.99% stake in the company.

Nihar Info Global has achieved a turnover of more than Rs 1 crore through sales in Amazon.in for the duration from April 1, 2017 to September 30, 2017. Currently the company is registered with the Amazon Warehouses in the Hyderabad region. The sales have increased substantially compared to the previous year sales.

Moreover, the company is planning to improve the sales by registering with the warehouses of Amazon in other regions of India. Currently, the company is further in the process of registering with Warehouses of Amazon.in in Haryana State to expedite quicker deliveries of orders to the Northern region of India. Also the company has plans to expand to the European Market and has also initiated the Registration formalities with www.amazon.co.uk.

Nihar Info Global is India's fast growing IT solutions and products company. It aims to provide the very best in bringing cost effective solutions with quality processes, good infrastructure and a committed people force.


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