Info-Drive climbs 3% on MoU with IIE

Info-Drive Software climbed on Monday after the company and IIE Technologies (IIE) signed a Memorandum of Understanding (MoU) by which Info-Drive would promote, resell and engage in services for IIE"s Employees" Credit Society end-to-end automotive software product - "TechNet Society". TechNet Society is a complete core (centralized online real-time environment) software product for credit societies in India and has attained tremendous success on being adapted by India"s second largest credit society. Shares ofthe companyare trading at Rs 10, up Rs 0.3, or 3.09% at the Bombay Stock Exchange (BSE) on Monday at 10:41 a.m.The scrip has touched an intra-day high of Rs 10.45 and low of Rs 9.60. The total volume of shares traded at the BSE is 453.In the earlier session, the shares gained 8.26%, or Rs 0.74, at Rs 9.70. Currently, the stock is trading down 57.26% from its 52-week high of Rs 23.40 and above 93.05% over the 52-week low of Rs 5.18.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 9.45 0.25 2.65 1 Month 9.09 0.61 6.71 3 Months 14.85 (5.15) (34.68) 6 Months 16.25 (6.55) (40.31) 1 Year 11.16 (1.46) (13.08) Note: Based on previous day closing price.