Shares of Trigyn Technologies soared over 10% on Wednesday to hit an intraday high of ₹131.50.
What Happened: The surge comes today as the company late on Tuesday announced bagging a letter of award from the Digital India Corporation. The contract is to provide technical manpower for the LokOS
In an exchange filing, the company informed that the contract will be for three years up to Aug.23, 2026, and further extendable based on performance. The project value is approx. ₹35 crore (3 Years) and ₹65 crore (5 Years).
The company’s revenue from operation for the June quarter came in at ₹322.5 up around 13% year-over-year. Profit for the April-June period was at ₹12 crore, more than double the ₹5.9 crore profit it booked in the year-ago period.
Price Action: Trigyn’s share price was up 6.36% to trade at ₹127.15 in the early hours of trading on Wednesday.
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