Is 3i Infotech good?
Is 3i Infotech good?
PE vs Industry: 3IINFOTECH is good value based on its PE Ratio (4.7x) compared to the Indian Software industry average (25.1x). PE vs Market: 3IINFOTECH is good value based on its PE Ratio (4.7x) compared to the Indian market (18.6x).
What is the target of 3i Infotech?
Trading at 5.2x FY11 P/E; significant re-rating inevitable After two years, we re-initiate coverage on 3i infotech with a BUY rating and 1-year target price of Rs115.
Is 3i Infotech delisting?
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 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.
Who bought 3i Infotech?
Apax Partners
Private equity firm Apax Partners has inked an agreement to acquire the software products business of 3i Infotech Ltd for Rs 1,000 crore ($136 million), sealing its first India deal in almost two years.
Who owns 3i Infotech?
3i Infotech
| Type | Public |
|---|---|
| Founded | 1993 |
| Area served | Worldwide |
| Key people | Thompson Gnanam, Managing Director & Global Chief Executive Officer |
| Revenue | ₹1,121.75 crore (US$160 million) |
Who is buying 3i Infotech?
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.
Which is the best company for 3i Infotech?
Why 3i Infotech? 3i Infotech is a trusted global Information Technology company committed to Empowering Business Transformation, with an annual turnover of over USD 170 million. Headquartered in Mumbai, India, since inception in 1993, the company has been committed to driving business value across all industry verticals.
How old do you have to be to work at 3i Infotech?
Bachelor’s degree in the above fields along with 5 years of experience in job offered or related occupation is acceptable in lieu of master’s degree plus 1 year of experience. Any suitable combination of education, training or experience is acceptable. Work location: Edison, NJ and various unanticipated locations throughout the U.S.
Which is better 3i Infotech or CMP 7?
3I Infotech- CMP 7 – Is it on Breakout with higher volumes. It has announced its results and are good. It took support at lower side of Bollinger band and also at 20 EMA which is close to around 6.2. It made a rounding bottom cup formation on longer time frame on weekly charts.