Moneycontrol Bureau
Shares of Shilpi Cable Technologies climbed 6.8 percent intraday Thursday on joint venture with New Zealand-based company.
"Shilpi Cable has entered into a joint venture with Eyecom Telecommunications Equipments, headquartered in New Zealand, one of leading RF path technology solution providers globally," the cable solutions provider said.
The company planned to foray in next generation technology of radio frequency (RF) by introducing base station antenna (BSA) products for 2G/3G/4G through this joint venture.
At 14:41 hours IST, the scrip of Shilpi Cable Technologies was quoting at Rs 65.20, up Rs 1.55, or 2.44 percent on the BSE.Posted by Sunil Shankar Matkar
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