Techno Horizon opened on a buy-side indication and then rebounded sharply. After the close of trading on the 20th, the company was reported to have secured an order for a physical security integration project at a large-scale data centre in Malaysia and to have launched the ELMO Emergency Response Solution in South Korea on the same day.
Techno Horizon attracted large buy orders at the open today, starting on a buy-side indication before its share price quickly rebounded, with buying concentrated in the stock. The company develops products and services focused on the imaging and IT fields and has particular strengths in factory automation-related operations in the robotics field. It is also regarded as having a strong track record in security surveillance. This article is based on these circumstances.
After the close of trading on the same day, the company disclosed that it had secured an order, through a subsidiary, for a physical security integration project at a large-scale data centre under construction in Malaysia. This adds a new project win to the company's track record in the security field.
The same day, the company also announced the launch of the ELMO Emergency Response Solution in South Korea. The strengthening of its overseas expansion was viewed as a positive factor and attracted investor interest.
Following the order win and the rollout announcement, the company was reported to have entered a phase in which buying momentum continued.