Announced Thu, 2 Jul · 20:32 IST
3i Infotech renews Rs 5.18 Cr DWBI services deal with SBI General Insurance
Business Updates View source PDF
3IINFOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹17.39
prior close
₹17.75
base price
After-mkt
timing
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-1.4-0.2-1.9—+0.3+1.2+4.7+4.5+7.5+6.3+13.6———
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AI summary
3i Infotech has signed a Renewal Cum Amendment Agreement with SBI General Insurance for ongoing DWBI support and change request services. The deal is worth about Rs 5.18 crore excluding taxes, for one year, extendable by another year. It covers delivery, project management, business analysis, data modelling, ODI, OBIEE and PL SQL technology support. The company flagged this as a voluntary disclosure as the value is below its materiality threshold.
Likely market impact
Routine renewal of existing work, below materiality threshold; limited impact on stock or fundamentals.