SASKEN COMMUNICATION rose by 18.42 per cent to close at Rs 60.75 after the company entered into an agreement with British satellite communications firm Inmarsat to complete the development of a global satellite hand-held phone.
The stock opened at Rs 53 and touched a high of Rs 61.55 and a low of Rs 52 during intraday trade. A total number of 5.4 lakh shares changed hands on the Bombay Stock Exchange. The company is engaged in providing telecommunication software services and solutions.