Trigyn Technologies jumps as its arm gets New York City DoITT Systems Integration Services contract
Trigyn Technologies is currently trading at Rs. 118.10, up by 9.10 points or 8.35% from its previous closing of Rs. 109.00 on the BSE.
The scrip opened at Rs. 115.95 and has touched a high and low of Rs. 124.35 and Rs. 115.95 respectively. So far 137060 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.60 on 10-Jan-2022 and a 52 week low of Rs. 86.65 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 124.35 and Rs. 107.95 respectively. The current market cap of the company is Rs. 361.12 crore.
The promoters holding in the company stood at 44.51%, while Institutions and Non-Institutions held 0.33% and 55.16% respectively.
Trigyn Technologies’ wholly owned subsidiary -- Trigyn Technologies, Inc., has been awarded an Enterprise Task Order Agreement for Citywide Systems Integration Services (SI), Class I, by the City of New York (City), Department of Information Technology & Telecommunications (DoITT). The award is for a potential duration of six years, commencing on January 1, 2023, through December 31, 2029, an initial three year term with one, three year extension at the discretion of the city.
The Systems Integration Services include designing, installing, and fully integrating projects into live operating environments and includes analysis of existing technological environments, including hardware, software, live operations and transaction volumes; design and development of new systems; add?ons or modifications to existing architecture, including single platform computer systems and distributed systems; development of functional and/or design specifications, technical writing and documentation; provision of operating system and/or applications programming recommendations, including acquisition of off?the?shelf products, or integration of custom programming products; acquisition of hardware/software products and services; coordination and supervision of multiple service or product providers; installing, testing, auditing and integration of new systems within existing environments; and providing cultural transitioning of workforces to new environments, including training of employees and other end users.
The Systems Integration Services are available to all New York City agencies, departments, and offices. This award facilitates the continued expansion of Trigyn’s Public Sector business.
Trigyn Technologies, established in 1986, is a public multi-national Information Technology firm with 1,500 resources deployed in 25 countries across Asia, North America, Europe, and Africa.