ITC shares gain on IT services arm’s deal to acquire Pune-based firm for ₹485 crore

SummaryITC Ltd informed the stock exchanges that it expects the acquisition to improve ITC Infotech’s ability to serve clients in a multi-cloud and hybrid cloud environment, with a focus on strengthening the partner ecosystem to enable faster growth.ITC Ltd shares gained on Friday, April 19, after the company announced that its IT services and technology solutions arm has entered into an agreement to acquire a Pune-based technology firm.
In a filing to the stock exchanges, ITC Ltd said…
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Source: https://upstox.com/news/market-news/stocks/it-services-arm-of-itc-to-acquire-pune-based-firm-for-indian-rupee485-crore/article-81328/