Channel Guide looking for strategic alliance

Channel Guide India Ltd has announced that the Company is contemplating restructuring of its activities and is looking for the suitable strategic alliance(s) / business tie-up(s) including transfer of management.

In this regard few investors have approached the Company with proposals and the Company is evaluating the proposals considering the long terms and future prospects.

The stock was trading at Rs.29.90, down by Rs.0.70 or 2.29%. The stock hit an intraday high of Rs.31.45 and low of Rs.29.10. The total traded quantity was 13171 compared to 2 week average of 32972.

Source : Equity Bulls

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