{"id":115092,"date":"2023-12-07T14:32:58","date_gmt":"2023-12-07T09:02:58","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115092"},"modified":"2023-12-07T15:56:05","modified_gmt":"2023-12-07T10:26:05","slug":"it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations\/","title":{"rendered":"IT stock jumps up to 7.4% after company came into agreement with the United Nations"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3516078636\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this IT company gained up to 7.4 percent after the company came into agreement with the United Nations for the provision of IT Staffing Support Services for the Office of Information and Communications Technology.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-109640489\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 417.30 Crores. Trigyn Technologies Ltd, On Thursday, The shares were trading at Rs 135.55 a share, an increase of 5.12 percent from the previous closing price.&nbsp;<\/p><p>The agreement that Trigyn Technologies Ltd. entered into with the UN for the provision of IT Staffing Support Services for the Office of Information and Communications Technology (OICT) is now extended and is set to expire on June 30, 2024, according to the company filing. Additionally, the Not-To-Exceed Amount (NTE) that the UN is required to make under this contract has been revised to US$ 263,142,318.84.&nbsp;<\/p><p>Looking into the company&#8217;s performance, &#8216;s revenue decreased by 2 percent from Rs 324 Crore in Q2FY23 to Rs 324 Crore in Q2FY24. During the same period, net profit is constant at Rs 11 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1507526715\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has made significant investments in tools and human capital to make sure that this area of its business can respond to the highly competitive nature of this industry. The expansion of its clientele of esteemed customers is a testament to the company&#8217;s success. A fully integrated Resource Management System (RMS), which enables the smooth integration of opportunities, is the foundation of this offering.&nbsp;<\/p><p>Along with the previously mentioned paragraph, the company is also pursuing e-government and related initiatives in other geographies through Trigyn Technologies Inc., its US subsidiary. The business kept concentrating on moving overhead to the least expensive regions to save money and improve service offerings through additional automation, knowledge transfer, and training.&nbsp;<\/p><p>Trigyn Technologies Limited offers IT services &amp; solutions to customers throughout the world. Through its global operations, Trigyn provides comprehensive, high-quality, and reasonably priced solutions and services.&nbsp;<\/p><p><strong>Written by:- Abhishek Singh<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1060317601\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this IT company gained up to 7.4 percent after the company came into agreement with the United Nations for the provision of IT Staffing Support Services for the Office of Information and Communications Technology.&nbsp; With a market capitalization of Rs 417.30 Crores. Trigyn Technologies Ltd, On Thursday, The shares were trading at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-115092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps up to 7.4% after company came into agreement with the United Nations - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this IT company gained up to 7.4 percent after the company came into agreement with the United Nations for the provision of IT Staffing Support Services for the Office of Information and Communications Technology.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT stock jumps up to 7.4% after company came into agreement with the United Nations\" \/>\n<meta property=\"og:description\" content=\"The shares of this IT company gained up to 7.4 percent after the company came into agreement with the United Nations for the provision of IT Staffing Support Services for the Office of Information and Communications Technology.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T09:02:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-07T10:26:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-SECTOR-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations\/\",\"url\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-7-4-after-company-came-into-agreement-with-the-united-nations\/\",\"name\":\"IT stock jumps up to 7.4% after company came into agreement with the United Nations - 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