SoftTech has secured a substantial deal to deliver technology service and drive digitalization for YIT in partnership with Tech Mahindra

SoftTech Engineers Limited, a leading provider of cutting-edge technology products and solutions for the construction and civil infrastructure sector, has announced its recent project win in collaboration with Tech Mahindra, a prominent provider of digital transformation, consulting, and business re-engineering services and solutions.

Listed in Nasdaq, Helsinki, Finland, YIT is 110 years matured European conglomerate (Current Revenue Euro 2.4 Billion, 5000 employees operating in 9 European countries) creating enhanced living environments with functional homes for sustainable living, future-proof public and commercial buildings, and infrastructure for a smoother flow of people, businesses and society.

Tech Mahindra has spearheaded and lead this substantial deal with YIT, the largest Finnish and significant North European development and construction company leveraging SoftTech's deep experience in digitalization in construction Industry. Equipped with 25+ years of extensive experience in driving digital transformation in the AEC industry, SoftTech will be providing extensive support to Tech Mahindra on various domain-specific services and products. This collaboration marks a significant milestone for both organizations and showcases their solid commitment to driving innovation in the construction industry.

Commenting on the collaboration, Mr. Vijay Gupta, CEO and Founder at SoftTech said, "We are thrilled to have secured this momentous project win and our team at SoftTech is excited to leverage our industry proficiency to support the client's business transformation journey. With our cutting-edge technologies and domain-specific solutions, we are confident in delivering exceptional value and efficiency to the project. This win underscores our commitment to providing top-notch advancements to the construction industry and reinforces our position as a trusted partner for digital transformation in the AEC sector".

Shares of Softtech Engineers Limited was last trading in BSE at Rs. 154.70 as compared to the previous close of Rs. 154.00. The total number of shares traded during the day was 466 in over 32 trades.

The stock hit an intraday high of Rs. 159.30 and intraday low of 151.25. The net turnover during the day was Rs. 72139.00.

Source : Equity Bulls

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