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3I Infotech trades jubilantly on repaying outstanding debt worth Rs 19.50 crore

27 Dec 2017 Evaluate

3I Infotech is currently trading at Rs. 6.52, up by 0.82 points or 14.39% from its previous closing of Rs. 5.70 on the BSE.

The scrip opened at Rs. 5.77 and has touched a high and low of Rs. 6.67 and Rs. 5.75 respectively. So far 4844053 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 6.79 on 24-Jan-2017 and a 52 week low of Rs. 3.60 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 6.67 and Rs. 4.27 respectively. The current market cap of the company is Rs. 822.52 crore.

The institutions and non-institutions held 47.89% and 52.11% stake in the company, respectively.

3I Infotech has pre-paid Rs 19.50 crore of its Principal Outstanding Debt. This amount represents 3 monthly installments of the Principal Amount which were due for repayment on October 31, November 30 and December 31, 2018 as per the terms of the Debt Realignment Scheme (DRS) approved by its Lenders. With this pre-payment, the company has now prepaid 9 months of Principal Debt to its Lenders.

3I Infotech is a global Information Technology company providing software products, IT services and Business Process Outsourcing for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management etc. These solutions and services include Managed IT Services, Application Software Development & Maintenance, Payment solutions, Business Intelligence etc.

3I Infotech Share Price

15.77 0.09 (0.57%)
13-Apr-2026 11:33 View Price Chart
Peers
Company Name CMP
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