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Infotech Enterprises climbs higher on the bourses

10 Jul 2012 Evaluate

Infotech Enterprises is currently trading at Rs. 177.75, up by 7.30 points or 4.28% from its previous closing of Rs. 170.45 on the BSE.

The scrip opened at Rs. 170.50 and has touched a high and low of Rs. 177.95 and Rs. 170.50 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 182.00 on 18-Apr-2012 and a 52 week low of Rs. 100.15 on 23-Dec-2011.

Last one week high and low of the scrip stood at Rs. 177.95 and Rs. 161.00 respectively. The current market cap of the company is Rs. 1980.00 crore.

The promoters holding in the company stood at 22.82% while Institutions and Non-Institutions held 32.46% and 44.72% respectively.

Infotech Enterprises, a leading global engineering services company has been bestowed with the 8th Indo-American Corporate Excellence Award 2012 by the Indo-American Chamber of Commerce (IACC). The company has received the award as the best Indian company operating in the US under the Technology and Communication category.

Infotech Enterprises was able to clinch the award due to stellar performance under the criteria of Human Capital Management, Corporate Social Responsibility and overall contribution to Indo-US business. Employing over 1,100 people across 13 locations in the US out of whom over 75 percent of them are US citizens, the company has been a partner to leading American organizations.

Infotech Enterprise is a leading global engineering service company. The company provides services to a wide range of industries - aerospace, rail, automotive, marine, energy, plant engineering, utilities, telecom (operators), government, retail, consumer electronics, medical electronics, semiconductor telecom (manufacturers) and computing industries.

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