Allied Digital Services rose 8.08% to Rs 192.05 at 12:21 IST on BSE, on acquiring Bangalore based SAP consulting and support services provider En Pointe Technologies India.
The company announced the acquisition after trading hours on Wednesday, 1 April 2009.
The stock hit a 52-week high of Rs 1049.60 on 6 June 2008 and a 52-week low of Rs 146.05 on 9 March 2009.
The company's current equity is Rs 18.11 crore. Face value per share is Rs 10.
The current price of Rs 192.05 discounts the company's Q3 December 2008 annualized EPS of Rs 41.13, by a PE multiple of 4.67.
The company said the latest acquisition will enhance its remote infrastructure management and application support services portfolio. The financial details were not disclosed.
En Pointe Technologies India has a pool of competent and certified SAP consultants with rich experience of multi geography, multi country SAP consulting and support services.
Allied Digital Services' net profit fell 13.36% to Rs 18.62 crore on 7.39% fall in net sales to Rs 95.31 crore in Q3 December 2008 over Q2 September 2008.
Allied Digital operates in diversified segments viz. IT solutions, networking and communication solutions, integrated solutions and software solutions. It is also into infrastructure management services, telecom-BPO and remote management services to its customers pan India.
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