Aftek Technologies shares soar 20% on Seekport listing
Shares of Aftek Technologies soared nearly 20 per cent Thursday on news that Seekport, in which the company's subsidiary Arexera Information Technologies holds 24.75 per cent stake, has been listed on Frankfurt Stock Exchange.
By INDIATIMES NEWS NETWORK |
MUMBAI: Shares of Aftek Technologies soared nearly 20 per cent Thursday on news that Seekport, in which the company's subsidiary Arexera Information Technologies holds 24.75 per cent stake, has been listed on Frankfurt Stock Exchange.
Based on the bid price of 4.75 euro per share, the total valuation of the company works out to 475 million euros, which is expected to settle down during a few trading sessions.
At 11:57 am, Aftek shares surged 19.97 per cent to a high of Rs 73.60 on BSE, with volume traded at 10,05,655 against two-week average of 2,30,437 shares.
Based on the bid price of 4.75 euro per share, the total valuation of the company works out to 475 million euros, which is expected to settle down during a few trading sessions.
At 11:57 am, Aftek shares surged 19.97 per cent to a high of Rs 73.60 on BSE, with volume traded at 10,05,655 against two-week average of 2,30,437 shares.
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