Reuters Market Eye - Shares in Sasken Communication Technologies rose as much as 10.7 percent to hit their highest since October 2010 after the company announced a special dividend.
The firm, which provides telecommunication software services, said on Tuesday its board declared a special dividend of 22.50 rupees per share.
This would be in addition to a special dividend of 2.50 rupees per share declared in October 2013, the company said.
At 12:26 p.m., shares in Sasken were up 6.8 percent at 209.20 rupees.
(Reporting by Indulal P)
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