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3i Infotech bags order of Rs17.14 crore from UAE firm

The company has announced that it has secured an order pertaining to Digital Infrastructure Managed Services.

June 20, 2022 3:43 IST | India Infoline News Service
3i Infotech Ltd stocks tumbled more than 7% on Monday's trading session despite securing major order from UAE company.

According to the regulatory filing, the company has announced that it has secured an order pertaining to Digital Infrastructure Managed Services and BI/ Analytics Managed Services, from one of the leading digital transformation Company in UAE for a tenor of 3 years.

Order value is approximately Rs17.14 crore, the company informed.

On Monday, 3i Infotech ended at Rs37.90 per share lower by 6.99% as against previous closing of Rs40.75 per share on the BSE.

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