Business Standard

Glodyne Techno zooms on Bihar government contract

DALAL STREET SPIKES

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BS Reporter Mumbai

Glodyne Technoserve on Tuesday surged 5.90 per cent to close at Rs 653.20, after the company announced that a consortium, including its subsidiary unit Smaarftech Technologies, has bagged a contract worth Rs 284 crore from the Bihar government.

The project is to be executed over a period of five years and involves technology infrastructure and smart card system management for implementing the National Rural Employment Guarantee Scheme in the state. The stock touched an intraday high of Rs 664 and a low of Rs 582.

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First Published: Sep 17 2008 | 12:00 AM IST

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