Accel Frontline is currently trading at Rs. 45.00, up by 4.00 points or 9.76% from its previous closing of Rs. 41.00 on the BSE.
The scrip opened at Rs. 42.45 and has touched a high and low of Rs. 46.45 and Rs. 42.45 respectively. So far 12173 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.15 on 18-Nov-2010 and a 52 week low of Rs. 35.25 on 15-Jul-2011.
Last one week high and low of the scrip stood at Rs. 46.45 and Rs. 39.25 respectively. The current market cap of the company is Rs. 92.29 crore.
The promoters holding in the company stood at 71.60% while Institutions and Non-Institutions held 1.02% and 27.38% respectively.
Accel Frontline, a leading IT service company, has entered into Memorandum of Understanding (MoU) with Accel Transmatic for acquiring Ushus Technologies. Ushus Technologies is the software service division of Accel Transmatic and is a 100% export oriented software Service Company, specializing in embedded software for imaging, multimedia and networking domains. It also has its international offices in California and Tokyo.
Accel Frontline is one of the India’s leading IT Service Company. Based in Chennai, the company’s core business is providing it infrastructure business, enterprise software services and managed business.
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