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 companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
