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Advance Metering acquires 51% stake in R.S. Infosystems
Source: IRIS | 13 May, 2014, 06.40PM
Rating: NAN / 5 stars.
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Advance Metering Technology announced that the company has acquired 51% shares in R.S. Infosystems.

The board has resolved to disinvest and has since disinvested its entire shareholding in R.S. Infosystem in order to focus in its core business.

Shares of the company declined Rs 0.35, or 2.4%, to settle at Rs 14.25. The total volume of shares traded was 1,738 at the BSE (Tuesday).

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