Penny stock under Rs 15: Company bags order worth Rs 29,00,00,000 from Large Internet Service Provider
DSIJ Intelligence-1 / 17 Sep 2025/ Categories: Penny Stocks, Trending
The stock is up by 17.64 per cent from its 52-week low and has given multibagger returns of 250 per cent in 5 years.
Adroit Infotech Limited, through its subsidiary Verso Altima India Private Limited, has secured a significant domestic contract from a large Internet Service Provider. The order, valued at approximately Rs 29 crore, is for application maintenance and support services. The scope of work includes providing comprehensive onsite and offshore support for a period of five years. This project underscores Adroit Infotech's ability to secure substantial contracts for long-term managed services.
The company's subsidiary, Verso Altima India, which received the order, specialises in digital transformation and provides enterprise-grade BSS/OSS solutions across various industries, including telecom and ISPs. With a global presence and a team of over 150 experienced professionals, the company has implementation experience in 20 countries across four continents. This extensive expertise allows Verso Altima to deliver customised digital strategies and solutions that align with the client business objectives.
Adroit Infotech itself is a specialised SAP consulting and managed services company with nearly two decades of experience. It focuses on helping organisations improve efficiency and reduce costs through SAP products and solutions. The company's expertise spans the entire SAP lifecycle, from initial consultation and implementation to ongoing support and maintenance. This new contract for application maintenance and support services aligns perfectly with Adroit's core business model and further strengthens its position as a key player in the IT services sector.
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About the Company
Adroit Infotech Limited, a leading SAP consulting firm from Hyderabad, India, has been optimising businesses for nearly two decades. With a global perspective and experienced consultants, they offer a wide range of SAP services, from process analysis to ongoing support. Partnering with Verso Altima, a global IT services leader, further strengthens their ability to deliver innovative solutions across various technologies, including analytics, IoT, AI, 5G, and cloud.
The company has a market cap of Rs 58.13 crore with promoters holding 37.34 per cent and the public holding 62.66 per cent. The stock is up by 17.64 per cent from its 52-week low and has given multibagger returns of 250 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.