SoftTech Engineers has secured an ERP order from SCON Projects for project management, but the company's stock price dipped to Rs. 390.1 on BSE, falling from previous highs, with a daily trading volume of around Rs. 26,526.
Softtech Engineers Limited
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Snehal Shah recently purchased approximately 101,000 shares of Softtech Engineers, with an average price of around ₹395 per share. This investment suggests confidence in the company's future growth prospects.
FedEx Finance has purchased approximately 22.5 million shares of Softtech Engineers on May 7, 2026, while Elimath Advisors is selling its stake in the company on the same day.
Elimath Advisors has offloaded approximately 2.25 million shares of Softtech Engineers, with an average sale price of INR 408 in a recent block trade.
Softtech Engineers significantly outperformed the Sensex this week, surging 9.1% due to positive Q4 performance and improved ratings. This impressive rebound came after initially hitting a lower circuit.
Softtech reports a significant increase in Q3 revenue to ₹31.3 crore, up from ₹20.8 crore in the same quarter last fiscal year. However, profit after tax (PAT) is slightly lower due to high gratuity costs amounting to ₹1.7 crore. EBITDA remains strong at ₹10.3 crore with a margin of 33%.
SoftTech Engineers introduce eTDR - India's inaugural digital TDR platform catering to 18,000 developers, offering instant bidding and enhanced security through blockchain technology.
Softtech Engineers introduces India's inaugural Electronic Tax Deduction and Collection (E-TDR) trading platform, as part of the Mumbai Municipal Corporation's (BMC) initiative in Maharashtra.