Virinchi Technologies opens its Third software Development Centre in Hyderabad

Virinchi Technologies Ltd has announced that the Company has opened a third software development centre in Hyderabad.

Virinchi Technologies Ltd, a Hyderabad based software products & Solutions Company on September 20, 2007 has announced opening of its third development facility in Secunderabad. The new facility can accommodate 175 knowledge workers and with this facility addition, the total software development capacity of Virinchi would be around 450 seats.

The new facility with state-of-the-art infrastructure will primarily focus on new product development and customer support operations for its micro lending product range, Anil Kumar Pinapala, Chief Executive Officer of the Company said.

The stock closed the day at Rs.34, down by Rs.1.95 or 5.42%. The total traded quantity was 58219 compared to 2 week average of 136455.

The stock hit an intraday high of Rs.38.60 and low of Rs.33.60.

Source : Equity Bulls

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