Shares of this micro-cap company specializing in computer hardware and software solutions rose 1.5 percent on Friday after securing a digital transformation contract with Indocool Composites Pvt. Ltd to implement GROW with SAP- proven solutions that are built on best practices, ensuring sustainable growth and success. Price Action During Friday’s trading session, ROX Hi-Tech Ltd’s share price reached an intra-day high of Rs.99.95 per share on Friday, rising 3.5 percent from its previous close of Rs.96.55 per share. What happened ROX Hi-Tech Limited has secured a significant contract with Indocool Composites Pvt. Ltd. to implement GROW with SAP, a solution designed to drive sustainable growth through best practices. The company sought a scalable and integrated solution to address limitations in its current system. GROW with SAP, covering key processes like Finance, Procurement, Sales, and Manufacturing, will streamline operations and improve efficiency using SAP’s cloud technology. ROX Hi-Tech will serve as the implementation partner for this digital transformation. Management Commentary Commenting on the collaboration, Mr. Jim Rakesh, Managing Director of ROX Hi-Tech Limited, stated, “ We are honored to partner with our client on their transformative journey towards digital excellence. By implementing GROW with SAP, we aim to empower their […]
IT stock jumps 4% after winning digital transformation order from Indocool Composites
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