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3i Infotech Limited ( (IN:3IINFOLTD) ) has provided an announcement.
3i Infotech Limited has secured a three-year managed IT services contract from a prominent Indian engineering and industrial solutions company specializing in power and industrial equipment. The deal, valued at about Rs 5.66 crore, covers end-user support, application development support, infrastructure administration, and enterprise IT operations across multiple domestic and global locations.
Under the engagement, 3i Infotech will deploy skilled technical professionals onsite to support critical IT infrastructure and business applications, aiming to enhance service continuity, operational efficiency, and adherence to defined service-level agreements. While the order is below the company’s materiality threshold, it underscores 3i Infotech’s growing role in IT outsourcing for industrial clients and may strengthen its positioning in the domestic managed services market.
More about 3i Infotech Limited
3i Infotech Limited is an Indian IT services and solutions provider focused on managed services, IT outsourcing, and enterprise technology support. The company delivers workplace services, application development support, infrastructure administration, and end-to-end IT operations management for clients across sectors, with a presence spanning multiple domestic and global locations.
Average Trading Volume: 35,220
Technical Sentiment Signal: Sell
Current Market Cap: 2.7B INR
For an in-depth examination of 3IINFOLTD stock, go to TipRanks’ Overview page.