Allied Digital Services surged 7 per cent to Rs 895.40, after the company acquired a 80.5 per cent stake in the US-based IT infrastructure management services provider, EnPointe Global Services (EGS) for $30 million.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The company expects EGS to generate revenues of $40 million and EBDITA margin of 15-20 per cent in the current financial year. 
</p><p class='TableClas'>Allied Digital, which has about 10 per cent market share in the domestic infrastructure management services segment, derives 94 per cent of its revenues from India. </P></p><p class='TableClas'></p></table>


Allied Digital surges on stake buy in US company

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