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15-Jan2018

Trigyn Technologies gains on bagging contract from IFAD

Trigyn Technologies is currently trading at Rs. 150.30, up by 3.25 points or 2.21% from its previous closing of Rs. 147.05 on the BSE.

The scrip opened at Rs. 148.00 and has touched a high and low of Rs. 151.20 and Rs. 148.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.00 on 19-May-2017 and a 52 week low of Rs. 87.65 on 05-Oct-2017.

Last one week high and low of the scrip stood at Rs. 156.25 and Rs. 129.00 respectively. The current market cap of the company is Rs. 451.22 crore.

The promoters holding in the company stood at 47.35%, while Institutions and Non-Institutions held 0.01% and 52.63% respectively.

International Fund for Agriculture Development (IFAD), Rome, Italy, has awarded Trigyn Technologies the contract for the Provision of Technical and Functional Consultancy Services (LTA). This contract, with a current NTE (not to exceed) value of $1,500,000, will strengthen Trigyn's growing base in Europe.

This contract shall be applicable for 3 years with an option to renew for an additional 2 years. Under this contract, which takes effect in January 2018, the company will provide services in the following labor categories: Microsoft SharePoint, Web Designer, Java Developer, GIS Specialist, Technical Search expert, IT Strategy/Planning consultant, Project Manager, PMO, Business Analyst, Business Intelligence expertise, Cyber Security Expert, Senior Cyber Security Expert, Systems Administrator and DBA.

Trigyn Technologies is a public multi-national Information Technology firm providing custom software solutions, Managed Services, Staff Augmentation and consulting services to clients in 16 countries across Asia, North America, Europe and Africa.



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