BSEMeta Infotech LtdMediumPositive
Announced Fri, 26 Jun · 11:34 IST

Meta Infotech bags fresh and renewal orders worth Rs 5.42 crore

Business Updates View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹81.00
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AI summary

Meta Infotech has received fresh and renewal orders worth Rs 5.42 crore. The orders include Rs 0.77 crore from a leading real estate company for license subscription and implementation, Rs 0.69 crore from a life insurance company for license subscription, and a Rs 3.95 crore renewal order from one of the largest private sector banks for license subscription. All orders are from domestic clients, to be executed within about 15 days, with contract periods spanning one year each.

Likely market impact

Positive order inflow from reputed clients across real estate, insurance and banking sectors; recurring license subscription model supports revenue visibility.