3i Infotech inches up on incorporating wholly-owned step-down subsidiary
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3I Infotech is currently trading at Rs. 42.60, up by 0.15 points or 0.35% from its previous closing of Rs. 42.45 on the BSE.
The scrip opened at Rs. 42.05 and has touched a high and low of Rs. 42.85 and Rs. 42.05 respectively. So far 15044 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.40 on 16-Dec-2021 and a 52 week low of Rs. 29.96 on 22-Oct-2021.
Last one week high and low of the scrip stood at Rs. 44.35 and Rs. 42.05 respectively. The current market cap of the company is Rs. 714.81 crore.
The Institutions and Non-Institutions held 11.02% and 88.98% stake respectively in the company.
3i Infotech has incorporated wholly-owned step-down subsidiary in India on October 12, 2022 to carry on business process outsourcing activities. This subsidiary is a private company limited by shares called ‘Versares BPS’ and is a direct wholly-owned subsidiary of 3i Infotech Digital BPS (formerly known as 3i Infotech BPO), wholly-owned subsidiary of the company based in India.
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.
