The company made this announcement after trading hours on Monday, 4 August 2008.
On BSE, 54,827 shares were traded in the counter. The scrip had an average daily volume of 24,840 shares in the past one quarter.
The stock hit a high of Rs 32 and a low of Rs 28.35 so far during the day. The stock had hit a 52-week high of Rs 124.80 on 29 October 2007 and a 52-week low of Rs 18.75 on 16 July 2008.
The small-cap company had outperformed the market over the past one month till 4 August 2008, gaining 26.23% compared to the Sensex's return of 8.35%. It had underperformed the market in the past one quarter, declining 34.19% compared to Sensex's decline of 16.09%.
The company has an equity capital of Rs 17.17 crore. Face value per share is Rs 10.
The current price of Rs 30.45 discounts its Q1 June 2008 annualised EPS of Rs 1.05, by a PE multiple of 29.
In July 2008, ORG Informatics secured two orders worth Rs 98.36 crore from Telecommunications Consultants India, New Delhi.
ORG Informatics reported net profit of Rs 0.45 crore in Q1 June 2008 as compared to net loss of Rs 3.45 crore in Q4 March 2008. Net sales rose 129.96% to Rs 21.11 crore in Q1 June 2008 over Q4 March 2008.
The company is engaged in developing and trading in computer software. The group also provides service in software management. It has operations in India and Afghanistan and other countries.