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Igate Global Up On Buyout Of Start-Up Firm

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BUSINESS STANDARD

iGate Global Solutions soared on Wednesday after the company announced the acquisition of a back office start-up company, Quintant Services.

On the BSE, the stock hit the 20 per cent upper limit at Rs 149.85 with 3.02 lakh shares being traded on the counter through 2,366 trades. On the National Stock Exchange, the stock closed at Rs 150.55 with 7.88 lakh shares changing hands.

IGSL on Wednesday announced that it has entered into a definitive agreement to buy out the GMR Group

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First Published: Jul 31 2003 | 12:00 AM IST

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