Announced Tue, 16 Jun · 15:38 IST
Meta Infotech bags Rs. 2.88 cr renewal order from private sector bank
Business Updates View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+11.8%1-day move
₹69.00
prior close
₹73.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1+0.1+11.8+17.4+23.3+28.3+21.9+21.9+24.6+16.4——
Up moveDown movePending
AI summary
Meta Infotech has received a renewal order worth Rs. 2.88 crores (Rs. 2.58 cr for license subscription + Rs. 30.89 lakh for annual maintenance) from a domestic private sector bank. The order covers the period May 31, 2026 to May 30, 2027 and is part of the company's regular business. Promoter group has no interest in the client.
Likely market impact
Routine renewal provides steady revenue visibility; modest order size suggests limited material impact on stock price.