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Trigyn Technologies advances as its arm bags IT Staff Augmentation Services Contract

Trigyn Technologies is currently trading at Rs. 53.00, up by 1.05 points or 2.02% from its previous closing of Rs. 51.95 on the BSE.

The scrip opened at Rs. 52.40 and has touched a high and low of Rs. 53.60 and Rs. 51.95 respectively. So far 4489 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 98.40 on 15-Nov-2018 and a 52 week low of Rs. 39.00 on 16-Oct-2019.

Last one week high and low of the scrip stood at Rs. 56.25 and Rs. 51.05 respectively. The current market cap of the company is Rs. 160.09 crore.

The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 0.17% and 53.84% respectively.

Trigyn Technologies’ wholly owned subsidiary — Trigyn Technologies, Inc., has been awarded a contract to provide IT Staff Augmentation Services to Arlington County, Virginia. The award is for a period of 5 years, with an option to extend for an additional 6 years, bringing the potential term to 11 years.

The award covers 80 Labor Category positions across Labor Category Groups, including, Network and Telecommunications Systems and Infrastructure, Security, Hosting and Server Administration, Application Development, Data Analytics and Decision Support, Electronic Records Management, ERP HR and Financial Support, Project / Program Management Support and Technical Support Services.

Trigyn Technologies is a public multi-national Information Technology firm providing custom software solutions, Managed Services, Staff Augmentation and consulting services to clients in 16 countries across Asia, North America, Europe and Africa.

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