27-09-2023 03:17 PM | Source: Accord Fintech
3i Infotech surges on securing contract from Ujjivan Small Finance Bank

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3I Infotech is currently trading at Rs. 41.72, up by 1.19 points or 2.94% from its previous closing of Rs. 40.53 on the BSE.

The scrip opened at Rs. 42.29 and has touched a high and low of Rs. 42.80 and Rs. 41.46 respectively. So far 342557 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 46.35 on 25-Oct-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. 42.80 and Rs. 37.30 respectively. The current market cap of the company is Rs. 703.55 crore.

The Institutions and Non-Institutions held 11.49% and 88.51% stake in the company respectively.

3i Infotech has been awarded contract by Ujjivan Small Finance Bank, for End User Support Service (Workplace Services). Total contract value is approximately Rs 39.55 crore plus one-time transition charges Rs 35 lakh, spread across 5 years.

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.