Friday, 4 March 2016

AGC Network hits 20% upper circuit

The company has entered into a strategic Managed Services Provider (MSP) partnership with Intel Security to offer outcome based managed security services across the globe.


AGC Network hit 20% upper circuit at Rs.79.40. AGC Networks’ cyber security division – CYBER-i, has entered into a strategic Managed Services Provider (MSP) partnership with Intel Security to offer outcome based managed security services across the globe.

This will give the customers a credible solution designed to effectively and proactively prevent/monitor and respond to security incidents in their organisations.

The scrip opened at Rs. 73.3 and has touched a high and low of Rs. 79.4 and Rs. 73.25 respectively. So far 271636(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 188.47 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.9 on 28-May-2015 and a 52 week low of Rs. 56.6 on 23-Feb-2016. Last one week high and low of the scrip stood at Rs. 71 and Rs. 57.2 respectively.

The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 8.21 % and 16.79 % respectively.

The stock is currently trading below its 200 DMA.

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