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MoneyWorks4Me

ICICI Bank Investment sells 90.89 lakh shares of 3i Infotech

13 May 2015 Evaluate

ICICI Bank (Investment) has sold 90.89 lakh shares of 3i Infotech through the open market route. The shares were sold on an average price of Rs 3.95 valuing the transaction to Rs 3.59 crore.

Meanwhile, in another transaction, JMP Securities has sold 33.67 lakh shares in 3i Infotech for Rs 3.83 apiece, valuing the transaction at Rs 1.28 crore.

3i Infotech is a global Information Technology company committed to Empowering Business Transformation. A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management.

Peers
Company Name CMP
TCS 2480.50
Infosys 1143.45
HCL Technologies 1411.50
Wipro 190.05
Tech Mahindra 1770.50
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