Veritas hits 52-week high on Rs 155.85 crore BMC order

Veritas saw its share price touch a 52-week high of Rs 950.55 in the early trade on March 19 as it secured a mega order worth Rs 155.85 crore from the Brihanmumbai Municipal Corporation.

As of 10:39 am the shares were trading 2% higher at ₹950.55 on BSE. The stock was locked at upper circuit as there were pending buy orders of 31,115 shares, with no sellers available.


The company, with its consortium partner Genesys International Corporation Limited, further said that it has received a Letter of Acceptance from BMC, for development, implementation, and maintenance of 3D City model & change detection using Geospatial Technology for BMC.

Veritas will now hold Extraordinary General Meeting EGM on March 21, 2022 through video conference and other audio-visual means in an affirming move towards governance and adherence to investor interest.