India's 3i Infotech up on order win from Bajaj Electricals

3i Infotech

12/07/2023 06:17

** Shares of 3i Infotech Ltd  TIIN.NS  rise as much as 2.9%
to 34 rupees
    ** IT firm says it has been awarded 5-year, 187.4 million
rupee ($2.3 million) contract by Bajaj Electricals Ltd  BJEL.NS 
for managed infrastructure services
    ** About 288,314 shares change hands by 10:34 a.m. IST, 0.4x
the 30-day avg of 665,795 shares - Refinitiv data
    ** Stock down ~19% YTD, as of last close



($1 = 82.2975 Indian rupees)

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))