Raminfo Shares Jump 4.98% After Securing ₹14.14 Cr Government Project in Tripura
By Shishta Dutta | Published at: Jul 16, 2025 01:47 PM IST
Hyderabad, July 16, 2025 – The shares of Raminfo Ltd (BSE: 530951) surged 4.98% to ₹105.45 as of 11:55 IST, after the company announced receiving a ₹14.14 crore LoI (Letter of Intent) from the Government of Tripura for an e-Governance project.
The update helps improve the order visibility and recurring income stream for the company. With sharpened IT credentials, this step will help strengthen the company’s positioning for future government contracts.
The Directorate of Information Technology, Government of Tripura, has awarded Raminfo a commercial contract for the development, implementation, and 26-month maintenance of a citizen-focused digital platform under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). The platform, titled ‘UNNOTI’, aims to streamline the delivery of benefits and services for the state’s rural population.
Raminfo Stock Price Performance
Ram Info Ltd surged 4.98% (₹105.45) by late morning on July 16, 2025 (11:55 AM), touching an intraday high of ₹105.45 and a low of ₹96.25 so far. The stock has gained nearly 40% over the past 3 months, recovering some ground despite being down about 20% year-to-date. Over the past three years, it has delivered solid returns, supported by improving financials and growth initiatives.
Share Price Movement (as of 11:55 IST)
| Metric | Value (₹) |
|---|---|
| Previous Close | 100.45 |
| Day’s Open | 96.25 |
| Day’s High/Low | 105.45 / 96.25 |
| Current Price | 105.45 |
| % Change | +4.98% |
| 52-Week Range | 62.00 – 142.90 |
VWAP stood at ₹104.28, with a turnover of ₹30.89 lakh and traded quantity of 0.30 lakh shares. The stock hit its upper circuit limit of ₹105.45.
Deal Details
| Particulars | Details |
|---|---|
| Contracting Authority | Directorate of IT, Government of Tripura |
| Project Name | UNNOTI (Under TRESP) |
| Contract Value | ₹14.14 crore |
| Development Timeline | 16 months |
| Maintenance & Support | 26 months |
| Total Duration | 42 months |
| Nature of Contract | Domestic, Commercial |
| Promoter/Related Party Interest | None |
“This project reinforces Raminfo’s leadership in the e-Governance and citizen services space and strengthens our commitment to leveraging technology for inclusive growth,” the company said in its BSE filing.
Financial Snapshot (TTM)
| Metric | Value |
|---|---|
| EPS | ₹2.27 |
| CEPS | ₹7.04 |
| PE / PB | 46.45 / 1.27 |
| ROE | 2.73% |
| Face Value | ₹10 |
| Market Cap | ₹79.54 Cr (Full), ₹51.98 Cr (Free Float) |
About Raminfo Ltd
Raminfo Ltd is a listed public company engaged in IT-enabled services, with a focus on e-Governance platforms. It is part of the XT Group with T+1 settlement and trades on the BSE. The company’s 52-week high is ₹142.90 and low is ₹62.00, reflecting high volatility in past periods.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/b65ef371-7724-4363-bbfc-e3509388dfab.pdf
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