Polaris to buy 85.3% in US-based IdenTrust; stock gains

Polaris Software Lab has signed agreement to buy 85.3% in US-based, IdenTrust, reports CNBC-TV18. It touched an intraday high of Rs 212.30 and an intraday low of Rs 205.40. At 13:04 hrs the share was quoting at Rs 209.75, up Rs 3.25, or 1.57%.

April 27, 2011 / 13:13 IST
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Polaris Software Lab touched an intraday high of Rs 212.30 and an intraday low of Rs 205.40. At 13:04 hrs the share was quoting at Rs 209.75, up Rs 3.25, or 1.57%.

The company has signed agreement to buy 85.3% in US-based IdenTrust, reports CNBC-TV18. It was trading with volumes of 522,928 shares, compared to its five-day average of 159,823 shares, an increase of 227.19%. In the previous trading session, the share closed up 3.41% or Rs 6.80 at Rs 206.50.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days201.00209.758.754.35
5-Days202.60209.757.153.53
7-Days202.60209.757.153.53
15-Days208.30209.751.450.70
1-Month183.70209.7526.0514.18
3-Month175.30209.7534.4519.65
6-Month172.75209.7537.0021.42
9-Month181.95209.7527.8015.28
1-Year182.75209.7527.0014.77
first published: Apr 27, 2011 01:09 pm

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