Support and Resistance Levels
Past performance
About Sofcom Systems Ltd Sofcom Systems Ltd, established in June 1995 by Kishore and Asha Mehta, specializes in IT consulting and software services, catering to both domestic and international markets. The company offers software development, maintenance, and reengineering solutions, focusing on sectors such as distribution, banking, telecommunications, and manufacturing. Their expertise extends to providing IT solutions to both commercial and government clients, with a particular emphasis on developing high-performance products for growth enterprises.
In recent developments, Sofcom Systems signed an MOU with the Government of Rajasthan in November 2015 to create algorithms for Industrial Internet of Things (I-IOT) and management software solutions for the manufacturing and healthcare sectors, utilizing IOT, Amplified Intelligence, and Cloud/Client Computing. To support these initiatives, the company issued 3,190,000 equity shares, raising Rs 3.19 crore. This strategic move underscores their commitment to leveraging cutting-edge technology to meet evolving industry demands.