Meta Infotech Secures ₹8.08 Crore Cloud Services Orders; Stock Price Gains 3.24%

Mumbai, November 7, 2025: The share price of Meta Infotech Ltd rose 3.24% to trade at ₹140 in Friday’s afternoon session, following the announcement of new and renewal cloud services orders worth ₹8.08 crore. The contracts, covering both new clients and renewals, are set to run through October 2028, providing the company with a stable revenue stream over the next 2–3 years.

Meta Infotech is based in Mumbai and provides IT-enabled services such as cloud infrastructure development and management, cybersecurity solutions, and IT infrastructure services. The company is listed on the BSE SME index. The company continues to expand its portfolio by targeting small and medium-sized companies requiring cloud computing and IT infrastructure services across India.

Order Details

The orders primarily consist of annual subscriptions for cloud-based security and support services. With cloud adoption rising rapidly, even small and medium-sized enterprises are increasingly implementing cloud infrastructure with robust security measures. Notable among the new contracts are a ₹5.598 crore fresh order and a ₹1.467 crore renewal, with contract durations ranging from October 2026 to October 2028.

Stock Performance Snapshot

The stock touched a day’s high of ₹140 at the start of the afternoon session, marking a 3.24% gain from the previous close of ₹135.60. Since then, it has moved sideways and closed at the same level. Meta Infotech Ltd’s market capitalization stands at approximately ₹262.45 crore. Despite today’s modest rally, the stock has declined nearly 38% over the past six months and continues to hover close to its 52-week low of ₹135 per share. The company’s price-to-earnings (P/E) ratio is 17.66, below the industry average of 27.96, indicating a potentially undervalued stock relative to its peers.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/37e9197f-be29-4ed4-aeaf-16601856b94a.pdf

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