Software Technology Group International Ltd has announced that the Company has become an Oracle Partner as an Independent Software Vendor (ISV), System Integrator and Education Provider.
Speaking on the alliance, Yogesh Vaidya, Chairman Software Technology Group said "The new partnership has come to sustain the efforts that STG's team dedicates to every product and consulting project, representing an additional guarantee of the high quality of the services provided by the Company. The partnership serves STG's objective to offer the most efficient professional and best suited products and solutions to its customers."
Since the inception of its Software Solution Group (SSG) in 1995, the Company has successfully executed a number of projects using the Oracle technologies such a Oracle 10g, Oracle application server, Oracle workflow builder, Jdeveloper, Business Object for Java (BC4J), Designer, Form 9i and reports 9i in their consulting projects and software products in the Finance and accounting, Production & Inventory management, Sales and Distribution, Human capital & Recruitment management, Professional services, Supply chain management, Healthcare, Insurance, Education, e-learning and online test assessments industry verticals.
The stock closed the day at Rs.16.16, up by Rs.1.41 or 9.56%. The stock hit an intraday high of Rs.16.22 and low of Rs.14.31. The total traded quantity was 35494 compared to 2 week average of 15592.