Escorts share up 9% on Singapore deal
5 Feb, 2008, 1522 hrs IST, INDIATIMES NEWS NETWORK
Shares of Escorts continued to soar a day after the company announced signing of an agreement with Singapore Technology Kinetics to market ''LeeBoy'' brand of equipment for road construction and maintenance purposes.
Besides India, the company will sell the US brand in Nepal, Sri Lanka and Bhutan.
At 2:45 pm, the share was at Rs 101.40, up 9.09 per cent. It touched a high of Rs 103.55 and low of Rs 91.00 in trade so far.
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