3i Infotech gains on receiving Letter of Acceptance from IOCL
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3I Infotech is currently trading at Rs. 33.55, up by 2.02 points or 6.41% from its previous closing of Rs. 31.53 on the BSE.
The scrip opened at Rs. 31.99 and has touched a high and low of Rs. 33.90 and Rs. 31.99 respectively. So far 52213 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 66.50 on 18-Apr-2022 and a 52 week low of Rs. 25.93 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 34.85 and Rs. 30.55 respectively. The current market cap of the company is Rs. 531.17 crore.
The Institutions and Non-Institutions held 11.47% and 88.53% stake respectively in the company.
3i Infotech has received a Letter of Acceptance from Indian Oil Corporation (IOCL), the nation’s largest refiner and fossil fuel retailer, pertaining to Managed Services for the Data Center (DC) IT Infrastructure as part of its contract renewal in the new financial year. The total contract value is Rs 16.29 crore for a period of 3 years.
3i Infotech’s Digital Infrastructure Managed Services comprising IT Infrastructure and Cloud, help clients in optimizing their IT spending. With over 200 clients, more than 3000 infrastructure professionals, and an integrated HybridNXT Support framework for On-Prem & Hybrid Eco-System, the company is a one-stop-shop for any enterprise’s Digital Transformation needs.
3i Infotech is a global Information Technology company which provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals
