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Four Soft rises on Noordex contract

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Bs Reporter Mumbai

Shares of Four Soft increased 4 per cent to Rs 14.25, after the company signed a contract with Noordex BV to implement 4S eTrans SME (a freight forwarding software). Its subsidiary, Four Soft Netherlands BV will deploy the software across Noordex’s multiple allocations in Netherlands.

The stock made an intraday high of Rs 14.35 and a low of Rs 13.7 with trading volumes of 26,835 shares (about 3 times higher than its two-week average). The scrip made a 52-week high of Rs 40.55 (April 21, 2008) and a low of Rs 10.55 (January 23, 2009).

 

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First Published: Feb 25 2009 | 12:14 AM IST

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