Meta Infotech bags orders worth Rs 7.58 crores from domestic clients
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Meta Infotech received fresh and renewal orders totalling Rs 7.58 crores from four domestic clients. These include a Rs 2.00 crore renewal from an FMCG company for license subscription, a Rs 3.24 crore software subscription renewal from a financial services firm, a Rs 2.13 crore fresh order from a large private bank covering license and implementation, and a Rs 0.20 crore renewal from another financial services entity. All orders are to be executed within 15 days and are in the ordinary course of business.
Positive for revenue visibility. Three renewals confirm sticky demand, while the Rs 2.13 crore fresh bank order suggests business expansion.