i-flex electrified by US acquisition

DALAL STREET SPIKES

i-flex hit a 52-week high of Rs 874 before closing at Rs 857.85, marginally down by 0.36 per cent on profit taking.

More than 86,014 shares were traded on the BSE. The counter surged on the bourses in early trades today after the company announced an acquisition in the US that would add to its revenues, according to market sources.