MoneyWorks4Me

S Mobility to transfer handset business to S Mobile Devices

24 Sep 2012 Evaluate

S Mobility has received its shareholders approval to sell/ transfer its mobile handset business to S Mobile Devices, a wholly owned subsidiary of the company. Earlier on July 5, 2012 the company has received its board’s approval for the same.

S Mobility is engaged in manufacturing of mobile phones. The company offers a wide range of mobile handsets catering to all segments -- low, medium, high-end.

Peers
Company Name CMP
TCS 2075.25
Infosys 994.15
HCL Technologies 1180.75
Wipro 158.60
Tech Mahindra 1495.70
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