Suprajit Engineering evaluating overseas acquisitions

Suprajit Engineering Ltd has announced that the Company is currently evaluating and negotiating the proposals for overseas acquisitions as a part of its plan of expanding in the Global market for its products. The Company is also in the process of discussing with various Investment Bankers / Intermediaries / Financial Institutions / other agencies for part funding such acquisitions.

The stock was trading at Rs.159.90, up by Rs.1.85 or 1.17%. The stock hit an intraday high of Rs.167 and low of Rs.158.25. The total traded quantity was 1511 compared to 2 week average of 678.

Source : Equity Bulls

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