Multibagger penny stock with 1,200% returns: This small-cap company receives order worth Rs 39.55 crore from Ujjivan Small Finance Bank Limited!

You must be knowing about 3i Infotech Limited Company Stock. The company has given a return of 1200% to its investors in the last 3 years.

If someone had invested in this stock in 2020, his investment capital would have increased 100 times by today’s date.

Let me tell you that the stock price of the company has now reached Rs 46.35 per share and with this the company has also reached the 52-week highest level of its stock.

3i Infotech Limited (BSE: 532628, NSE: 3IINFOLTD) is a reputed global information technology company working to drive transformation in the field of information technology through its business.

Just a few days ago, the company said in its report that the company has been awarded the contract by Ujjivan Small Finance Bank Limited for End-User Support Service (Workplace Services).

Now that a contract has been signed, the value of this contract is approximately Rs 39.55 crore and a lump sum transition fee of Rs 35 lakh is also payable in 5 years.

The company is doing its business not only in the country but in more than 50 countries.

If you look at the market cap of 3i Infotech Limited Company, then the market cap of this company is Rs 695 crore.

The company has given multibagger returns of up to 385% to its investors in the last 2 years. Investors should definitely keep an eye on this small-cap IT stock.

Disclaimer: This article has been written for informational purposes only, please consult your financial advisors for investment advice.

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