Rolta shares end 4.5% higher on bagging project in Middle East

IT firm Rolta India's scrip surged by 4.5 per cent today as the company bagged smartcity and 3D mapping projects in the Middle East worth about USD 15 million (about Rs 96 crore).
Shares of the company ended the day 4.52 per cent higher at Rs 127.10 on the BSE. During the day, it surged 8.38 per cent to Rs 131.80.
At the NSE, the stock was up 3.92 per cent to Rs 126.95 at close.
On the volume front, 13.44 lakh shares of the company changed hands at the BSE and over 54 lakh shares were traded at the NSE during the day.

The company, however, did not disclose the details of the client.
"Through our expertise with hundreds of smartcities client engagements, Rolta is helping cities around the world transform how they deliver services and engage with citizens leveraging technologies like Big Data, analytics, GIS, 3D Mapping, Mobility and Social Media," Rolta Chairman and Managing Director K K Singh said.
Rolta's smartcity solutions consolidate numerous agency centric systems, while 3D mapping offers visually rich means of collaboration and communication of spatial data, the company said.