Trigyn Technologies hits 5% UC, again!

Trigyn Technologies had hit the 5% UC yesterday at Rs,109.40 and today too, it hit another 5% UC at Rs.114.85.

There is good tidings for the company. Its subsidiary, Trigyn Technologies Inc. has won a contract from the Maryland, USA, IT Department.

This is a 12-year indefinite quantity contract with fixed price, time, material, consulting and technical services included in the contract.

It covers functional areas, which include, Enterprise Service Provider, Web & Internet Services, Electronic Document Management, Geographical Information Systems, Software Engineering, Systems/Facilities Management and Maintenance, Information System Security, Application Service Provider. It also covers IT & Telecommunications Financial & Auditing Consulting Services, IT Management Consulting Services, Business Process Consulting Services, Electronic Benefits Transfer, Media & Training Center Support and Documentation /Technical Writing. The functional areas include 114 labor categories.

The exact financial quantum of this contract has not been revealed but even then, the market is thrilled.