Allied Digital Services surged 7 per cent to Rs 895.40, after the company acquired a 80.5 per cent stake in the US-based IT infrastructure management services provider, EnPointe Global Services (EGS) for $30 million.
The company expects EGS to generate revenues of $40 million and EBDITA margin of 15-20 per cent in the current financial year.
Allied Digital, which has about 10 per cent market share in the domestic infrastructure management services segment, derives 94 per cent of its revenues from India.
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