GSS America approves acquisition, stk slips

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GSS America approves acquisition, stk slips

At 10:02 am, GSS America Infotech was quoting at Rs 267.15, down Rs 4, or 1.48%. The company board has approved acquisition of a company with revenues of USD 110 million, reports CNBC-TV18. It was trading with volumes of 6,922 shares.

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At 10:02 am, GSS America Infotech was quoting at Rs 267.15, down Rs 4, or 1.48%. It has touched an intraday high of Rs 270 and an intraday low of Rs 267.15.

The company board has approved acquisition of a company with revenues of USD 110 million, ADR / GDR / FCCB / QIP issue up to USD 75 million and defers issue of shares / warrants to promoter, reports CNBC-TV18.
 
It was trading with volumes of 6,922 shares. On Tuesday the share closed down 0.95% or Rs 2.60 at Rs 271.15.