The stock finally settled at Rs 210, up 3.5%. The counter witnessed 36,961shares as compared to the two-week daily average traded volumes of 7,185 shares on the BSE.
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(Updated at 1219hrs)
Infotech Enterprises has advanced 4% on the back of 88% surge in its net profit for Q1.
The stock has today opened at Rs 208, touched a low of Rs 204. The scrip then zoomed to a high of Rs 223, up 10% from the previous close. The stock is now trading at Rs 210, up 4%. Around 33,310 shares have been traded on the counter at the BSE so far as against the two-week daily average trae volumes of 7,185 shares.
The company has posted a 88.4% rally in its net profit to Rs 46.3 crore for the first quarter of this year as compared to Rs 24.56 in the corresponding quarter a year ago.
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