Mumbai, December 1 (Udaipur Kiran) | Shares of Infinity Infoway were locked at the upper circuit on the BSE after the company announced that it had secured a contract worth around Rs. 2.15 crore. The stock was locked at Rs. 411.40, up by 37.40 points or 10.00 per cent from its previous closing of Rs. 374.00.
The scrip opened at Rs. 388.50 and touched an intraday high and low of Rs. 411.40 and Rs. 388.50, respectively. So far, 31,200 shares have been traded on the counter.
The BSE Group ‘M’ stock with a face value of Rs. 10 touched its 52-week high of Rs. 483.85 on October 23, 2025, and a 52-week low of Rs. 294.00 on October 9, 2025. The stock’s one-week high and low stand at Rs. 411.40 and Rs. 315.00, respectively. The company’s current market capitalisation is Rs. 219.73 crore.
Promoter holding in the company stands at 68.49 per cent, while institutional and non-institutional investors hold 12.36 per cent and 19.16 per cent, respectively.
Infinity Infoway has secured a contract worth around Rs. 2.15 crore from The Education Committee of Maheshwari Samaj, Jaipur, for ERP implementation. The contract includes ERP modules, customisation, SRS-based development, implementation, user acceptance testing (UAT), training, and support and maintenance. The tenure of the contract will be five years.
Infinity Infoway is a Software-as-a-Service (SaaS) company primarily engaged in providing customised and integrated Enterprise Resource Planning (ERP) solutions to clients across sectors including education, manufacturing, retail, and construction.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
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