3i Infotech Limited bags contract from Eureka Forbes Ltd

3i Infotech Limited has been awarded a contract for Digital Infrastructure Managed services by India's leading health and hygiene brand "Eureka Forbes Limited" (EFL). Total contract value is approximately Rs. 10.25 Crores, spread across three years.

EFL is one of Asia's largest direct sales forces. It has retail, institutional and e-commerce channels, an innovative franchise business partner network, a rural channel and one of the most expansive service networks in India. EFL has been a pioneer and trendsetter in direct sales in India and is one of the largest direct-selling companies in the world today. EFL's direct sales force is over 10,000+ strong and operates from 150+ Customer Response Centers in over 120 cities and towns across the country.

Scope of Digital Infrastructure Managed Services comprises of wide gamut of activities such as (i) Managed End User Services (PAN India Support); (ii) Managed Data Centre, Network & Security Services; (iii) End User Automation Solution; (iv) Complete IT Service Management Tools.

Shares of 3i Infotech Limited was last trading in BSE at Rs. 43.05 as compared to the previous close of Rs. 42.55. The total number of shares traded during the day was 232903 in over 2228 trades.

The stock hit an intraday high of Rs. 44.95 and intraday low of 42.70. The net turnover during the day was Rs. 10125247.00.

Source : Equity Bulls

Keywords

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