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The 52-week high serves as a crucial technical indicator for traders and investors, indicating the highest price a stock has attained in the preceding year.
The total contract value is Rs 39.55 crore plus one-time transition charges of Rs 35 lakh.
Shares of 3i Infotech ended 1.60% lower at Rs 40.53 on Tuesday against the previous close of Rs 41.19 on BSE.
Indian equity benchmarks were trading lower in early deals today. The 30-share BSE Sensex pack fell 313 points to 65,631, while the Nifty lost 91 points to 19,572.
The contract is valued at Rs 16.29 crore for managing IOCL's data centre services for three years. The stock has fallen over 70 percent after it re-listed in October 2021, largely on the back of inconsistent financial performance