Mindteck adds New Manufacturing Client to its Roster

Mindteck (India) Limited, (BSE: 517344 and NSE: MINDTECK), the global engineering and technology solutions company with niche knowledge and expertise in the storage, medical device, semiconductor and analytical instrument industries, recently announced the addition of a new manufacturing client headquartered in the United States to its roster.

The new client is a global manufacturer of a variety of enterprise-level data capture and management products, software, services, analytics and solutions geared toward providing 'intelligent' operational visibility to multiple industries, including retail, ecommerce, transportation and logistics.

Commenting on the win, Mr. Anand Balakrishnan, Chief Executive Officer and Managing Director, said: "We are delighted to be working with a company that has been innovating leading edge technologies for over fifty years."

Mr. Jacob Pillay, Senior Vice President - Sales (US and Europe), added: "Our team is excited about this important win and kicking off an interesting project involving the client's tracking solution which locates mobile devices, printers, scanners and the like in retail stores. The current engagement encompasses the initial phase of mobile and cloud application development on Google's Firebase cloud platform."

Shares of Mindteck (India) Limited was last trading in BSE at Rs. 177.95 as compared to the previous close of Rs. 169.50. The total number of shares traded during the day was 27512 in over 293 trades.

The stock hit an intraday high of Rs. 177.95 and intraday low of 172.00. The net turnover during the day was Rs. 4889848.00.

Source : Equity Bulls

Keywords

MindteckIndia INE110B01017 USHeadquartered NewManufacturingClient RecentAddition