3i Infotech hit a lower circuit limit of 5% to Rs 8.59 at 15:00 IST on BSE on profit booking after a recent rally.
Meanwhile, the S&P BSE Sensex was up 311.27 points, or 0.90% to 34,903.66.On the BSE, 25.51 lakh shares were traded in the counter so far, compared with average daily volumes of 55.03 lakh shares in the past two weeks. The stock had hit a high of Rs 9.04 in intraday. The stock hit a 52-week high of Rs 9.27 on 2 January 2018. The stock hit a 52-week low of Rs 3.60 on 11 August 2017.
On a consolidated basis, 3i Infotech's net profit rose 40.56% to Rs 22.77 crore on 1.04% rise in net sales to Rs 237.52 crore in Q3 December 2017 over Q2 September 2017. The result was announced during market hours on Friday, 12 January 2018. Shares of 3i Infotech rose 3.43% to settle at Rs 9.04 on Friday, 12 January 2018.
Shares of 3i Infotech rose 8.52% in two trading sessions to settle at Rs 9.04 on Friday, 12 January 2018, from its close of Rs 8.33 on 10 January 2018.
3i Infotech provides software solutions and a wide range of IT services.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
