Verso Altima India Pvt Limited, an Adroit Infotech Ltd subsidiary, has secured a major order of 62 million rupees (around $712,500) from Azam Media. The deal is a major victory for the company, which can potentially improve its financial performance for the next few quarters. Details of the services to be rendered to Azam Media have not been made public. This is against the backdrop of Adroit Infotech solidifying its foothold in the IT services industry, as its subsidiary provides the push towards securing big-value contracts. Investors might become interested in the shares of the company after this.
Source: Adroit Infotech Ltd Corporate Announcement