3i Infotech Ltd wins order

3i Infotech Limited has been awarded work order by M/s. Concept Communications on behalf of Bharat Petroleum Corporation Limited (BPCL) as a primary sponsorship of our Digital Ad inventory on company's captive portal and Piponet, to increase unique users for free Wi-Fi usage across 6105 plus stations by awareness campaign and branding. The Digital Ad inventory deployment on Captive Portal and Piponet along with branding activities will be executed by the Company's subsidiary namely Nure Bharat Network Limited.

The total contract value is approximately Rs. 32.70 crore plus applicable taxes, spread across 27 months.

Shares of 3i Infotech Limited was last trading in BSE at Rs. 55.60 as compared to the previous close of Rs. 53.97. The total number of shares traded during the day was 212335 in over 1876 trades.

The stock hit an intraday high of Rs. 56.80 and intraday low of 53.45. The net turnover during the day was Rs. 11696350.00.

Source : Equity Bulls

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3iInfotech INE748C01038 OrderWin