What is the debt of 3i Infotech?
Based on the latest financial disclosure, 3I INFOTECH LTD has a Total Debt of 8.45 B. This is much higher than that of the Technology sector and 168.75% higher than that of the Information Technology Services industry. The total debt for all India stocks is 58.92% lower than that of the firm.
What is the news of 3i Infotech?
3i Infotech Standalone December 2021 Net Sales at Rs 46.86 crore, down 45.96% Y-o-Y. 10 Feb 2022 11:33 AM. 3i Infotech Standalone September 2021 Net Sales at Rs 58.63 crore, down 32.09% Y-o-Y. 10 Nov 2021 9:22 AM. 3i Infotech Consolidated September 2021 Net Sales at Rs 177.10 crore, down 29.39% Y-o-Y.
Is 3i Infotech is debt free?
The growth-oriented and now debt-free company, 3i Infotech aims to become a one-stop digital transformation resource for its global clientele, with a customer-first approach and a human-centric outlook in a new decade of 5G data and technology.
Is 3i Infotech a multibagger?
3i Infotech is one such multibagger penny stock that has given 1200 per cent return in last 3 months.
Is 3i Infotech undervalued?
Is 3I Infotech Ltd undervalued or overvalued? The key valuation ratios of 3I Infotech Ltd’s currently when compared to its past seem to suggest it is in the Overvalued zone.
Is 3i Infotech part of Icici?
3i Infotech was incorporated as a wholly owned subsidiary of ICICI and is promoted by ICICI Strategic Investment Fund, according to BSE shareholding data as on March 30.
Who is buying 3i Infotech?
Apax Partners
Apax Partners has agreed to buy the software business of listed IT services company 3i Infotech for ₹1,000 crore, in what would be the first PE buyout of an Indian software company.
What is the future of 3i Infotech?
In the near future, 3i Infotech will be adding artificial intelligence/machine learning engineers and data scientists for 5G-powered cognitive services, he added. The company had earlier announced that it aims to achieve organic revenue growth of USD 1 billion by 2030.
Will 3i Infotech delisting?
New Delhi: Domestic bourses have suspended trading in the shares of IT software firm 3i Infotech, as the company has temporarily delisted its stock. The company is going through the process of capital restructuring through a ‘scheme of arrangement’ with its shareholders approved by National Company Law Tribunal (NCLT).
Is 3i Infotech relisting?
The company got relisted on October 22 following its debt restructuring scheme, which entailed reduction in capital base by a tenth. Since its relisting, 3i’s stock has climbed 40 per cent and is expected to rise further as restrictive trading rules prolong the fair price discovery process.
Is 3i Infotech delisting?
Getty Images Shares of 3i Infotech were delisted at Rs 8.56 after the market hours on Friday. The market capitalisation of the company stood at Rs 1,383.86 crore.
Is 3i Infotech MNC?
3i Infotech Ltd (established as ICICI Infotech Ltd) is an Indian IT company, incorporated in 1993….3i Infotech.
| Type | Public |
|---|---|
| Traded as | BSE: 532628 NSE: 3IINFOTECH |
| Industry | Technology services, IT services Outsourcing |
| Founded | 1993 |
| Area served | Worldwide |