3i Infotech shines on incorporating wholly-owned subsidiary
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3I Infotech is currently trading at Rs. 43.30, up by 1.05 points or 2.49% from its previous closing of Rs. 42.25 on the BSE.
The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 44.85 and Rs. 42.00 respectively. So far 260214 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. 37.50 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 44.85 and Rs. 41.75 respectively. The current market cap of the company is Rs. 733.34 crore.
The Institutions and Non-Institutions held 11.34% and 88.67%, stake in the company respectively.
3i Infotech has incorporated wholly-owned subsidiary in India on November 28, 2022. This subsidiary is a private company by shares called NuRe EdgeTech. The company has incorporated wholly-owned subsidiary is to provide to engage into products and services relating to 5G edge computing technology and telecom related products & solutions.
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.
