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Smartlink slides on lack of clarity post Digilink sale

Shares of Smartlink Network Systems, which hit the upper circuit in the morning after it announced it was selling its Digilink operations to Schneider Electric, closed down 11%, as lack of clarity on future business prospects led to investors pressing the exit button.

March 31, 2011 / 16:26 IST

Shares of Smartlink Network Systems, which hit the upper circuit in the morning after it announced it was selling its Digilink operations to Schneider Electric, closed down 11%, as lack of clarity on future business prospects led to investors pressing the exit button.

Analysts also attributed the sell-off to lack of details if the company

first published: Mar 31, 2011 04:04 pm

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