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ORG Informatics picks order worth Rs 78 crore from BSNL; stock up 13%

Keshav Seth 5 August 2008

ORG Informatics picks order worth Rs 78 crore from BSNL; stock up 13% Gurgaon-based ORG Informatics Limited has bagged an order worth of Rs 78.06 crore from Bharat Sanchar Nigam Ltd (a Govt. of India Enterprises), New Delhi. The contract involves supply, Installation, Integration and Commissioning of SATCOM-N/M Equipment for Indian Air Force. Org Informatics, Ltd, a system integrator, provides solutions and services in fields of value added services, billing and operation support system, very small aperture satellite terminals (VSAT), and network infrastructure services. Last month, the company has secured two orders worth Rs 98.36 crore from city-based Telecommunications Consultants India Ltd. Shares of the company gained Rs 3, or 13%, to settle at Rs 27. The total volume of shares traded was 34,798 at the NSE. (Monday)