IT stock hits 5% upper circuit after receiving order for cloud hosting services from Himachal Pradesh GovtIT stock hits 5% upper circuit after receiving order for cloud hosting services from Himachal Pradesh Govt

Introduction:

Leading IT solutions provider has secured a significant cloud hosting services contract from the Directorate of Cooperation, Himachal Pradesh, under a Centrally Sponsored Scheme, reinforcing its role in India’s digital transformation and cooperative sector modernization efforts.

Also Read: Rekha Jhunjhunwala stock jumps 7% after receiving order worth ₹10,805 Cr from BSNL

Share price movement of Atishay:

On March 26, 2025, Atishay Ltd opened at ₹183.60, up 2.52% from its previous close of ₹179.10. The stock reached a high of ₹188.05 (5.00%) and a low of ₹181.70. By 11:47 AM, it traded at ₹185.00, a 3.29% increase, with a market cap of ₹203.15 crore.

Atishay Secures Cloud Hosting Contract:

Atishay Limited has secured a work order from the Directorate of Cooperation, Himachal Pradesh, for providing cloud hosting services under the Centrally Sponsored Scheme for the Computerisation of the RCS office. The contract, valued at ₹29.60 lakh, includes a three-year service period post-implementation of all modules.

This initiative aligns with the Government of India’s digital transformation agenda, focusing on modernizing RCS operations through IT interventions. Atishay’s cloud solutions will enhance accessibility, scalability, and security while digitizing key processes within the RCS office via an integrated digital portal.

Recent news on Atishay:

As of March 19, 2025, Atishay Ltd secured a ₹27.64 lakh work order to supply micro ATMs to The Udaipur Central Cooperative Bank, supporting Rajasthan’s PACS Digitisation initiative with installation, commissioning, and maintenance services.

Stock performance of Atishay for Period of 1 week, 6 months, and 1 year:

Atishay Ltd delivered a 13.2% return over the past week, surged 41.0% in the past six months, and recorded an impressive 163% gain over the past year.

Also Read: Power stock jumps 6% after receiving order from Power Grid Corp

Shareholding pattern of Atishay:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	75.00%	75.00%	75.00%
FII	0%	0%	0%
DII	0%	0%	0%
Public	25.00%	25%	25.00%

About Atishay:

Atishay Ltd (BSE: 538713) is an IT consultancy firm specializing in software solutions, e-governance, data management, and fintech services. Established in 1989, it provides turnkey IT solutions to government organizations and businesses across various sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.