Indian Infotech and Software Ltd share Price

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• Indian Infotech and Software Ltd. is a Mumbai-based investment company belonging to the finance sector. It has a market capitalisation worth Rs. 421.45 crore as of April 4, 2022. Its incorporation date is May 22, 1982. As of December 2021, it reported standalone net sales of Rs. 2.25 crore, down 25% Y-o-Y. The company is listed on the Bombay Stock Exchange (BSE) with the code 509051. It is not listed on the National Stock Exchange (NSE).

  Indian Infotech and Software Ltd. is a non-banking finance company (NBFC) engaged in the segment of lending and securities trading. It is classified as a non-govt company. The top management includes Mr. Shyama Charan Kumar as Managing Director, Mr. Sagar Shee as Executive Director, and Mr. Suraj Shee as Non-Executive and Non-Independent Director.

  The promoter holding as of December 2021 was 16.44%. It has decreased from 19.28% in the previous quarter. Dhanvarsha Advisory Services Pvt. Ltd. holds 10.02% of the total shares, making it a major stakeholder. Other promoters include Generosity Share Trading Pvt. Ltd., Jayanti Prime Software Advisory Pvt. Ltd., and Mahamaya Financial Consultants Pvt. Ltd. The public has 83.56% of the shares. The company belongs to the X Group on the Bombay Stock Exchange and has a settlement type of T + 2.

  During the financial year ending March 31, 2021, the company recorded a net loss of Rs. 113,573,081 after tax. In the previous financial year ending on March 31, 2020, the company had recorded a net loss of Rs. 49,908,487.

  Some of the stocks similar to Indian Infotech shares are Bajaj Finance, Muthoot Finance, Sundaram Finance, Magma Fincorp, Mahindra & Mahindra Financial Services, SBI Cards & Payment Services, and Shriram Transport Finance Company.

  As of April 4, 2022, the Indian Infotech share price on BSE was Rs. 4.20. The day’s low was Rs. 4.12, while the day’s high was Rs. 4.48. The Indian Infotech and Software Ltd. share price surged to a 52-week high at Rs. 12.88 and a 52-week low at Rs. 0.38. The performance of the Indinfo share price yielded a six-month return of 268.42% and a one-year return of 757.14%.

  Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.