last time when there is news of major change over of shares by LIC the stock price shoot up in singleday. after that very subdued.I request the share holders who got any information about this company plese inform , oter wise i have to give paper add that 3II is miissing from one month.
3i Infotech Limited has informed the Exchange that the Board, at its meeting held on April 24, 2009 has approved the proposal for merger of 4 wholly owned subsidiaries of the Company viz. KNM Services Private Limited, Stex Software Private Limited, E-Enable Technologies Private Limited and J & B Software India Private Limited with the Company.3i Infotech Limited has informed the Exchange that "The Company has entered into an Agreement with Yucheng Technologies Limited (Yucheng) (the Joint venture partner of the Company in China) to acquire the 49% stake from Yucheng in order to make Elegon Infotech Limited a wholly owned subsidiary of the Company in China".
hello Robin,
your response to my paper add that 3iinfo is missing from one month, is very good.you saw him on 24th april jointly with, Yucheng in China!!!
If you properly observe and analyse the Sept/09 quarterly results, perhaps you will hardly have any desire to buy or hold this scrip. Look to its NP margins. It is decreasing awfully. Is it not discouraging? Decide by yourself. It is not good for me to advise.
dear friend
I want the forum todiscuss on the merits and demerits of the stock,so don`t think you are not proper to advice.I feel thisforum contains very knowledgeble investors.You shoyld take advice from the persons who practices what he preach.Most of the car selling agents talk high about the cars they sell but when it comes to theair life style they come on city bus.So you are doing innvestment and sharing that knowledge for benefit of others.until unless you are motivated and we all speak same language on this board there is nothing wrong you commentand most welcome.I am having shares in this scrip!!!
thanks for the contribution you made.
I want to discuss on the bottom line growth As we gone trough one of the worst phases in the history of stock market all the good shares alsoo toched sea bottom Now we are on the road of recovery thanks to wonderful leadership of our Nation the reinstatement of Manmohansinghji is another good thing that everybodt wish in stockmarket as we are recovering from the sickness how can we assure 100% fitness so things should become stronger for any good company to post good returns The 3I infoetech is a unique share in IT due to its diversification in banks services segmnet, and its income is not fully depending on USbased firms The USA is going through one of worst phases in its history, retrenchmnets loss of income India isgrowing to become dependable resource for the world In the long run I think This scrip will contribute well