Jun 20, 2012, 01.42 PM IST

Geometric in pact with DIPRO, stock gains 4%

Geometric gained as much as 3.8% to intraday high of Rs 70.50 on Wednesday as it formed partnership with DIPRO to tap the Japanese market.

Source: Moneycontrol.com
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Geometric gained as much as 3.8% to intraday high of Rs 70.50 on Wednesday as it formed partnership with DIPRO to tap the Japanese market.


In a release sent to BSE, company said, "Geometric, a leader in product lifecycle management, global engineering services, and offshore product development solutions and technologies, and DIPRO (Digital Process), a leading global provider of solution services for CAD/CAM/CAE and BOM/PDM, today announced the formation of a centre of excellence to provide a suite of services to DIPRO’s Japanese customers."


At 13:35 hours IST, the share was trading at Rs 68.65, up 1.10%. Market capitalisation of the company currently stands at Rs 430.59 crore.
 
Its trading volumes increased 37.5% to 26,650 shares as compared to its 5-day average of 19,377 shares.


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