Shares of Rolta were up over 3% at Rs 169 after the company announced that it has entered into an agreement with Hitachi India Pvt. Ltd. to address significant market opportunities in high growth business segments in India.
"We are very glad to forge a partnership with Hitachi India Pvt. Ltd. This will enable us to not only broaden the scope of our solutions, but also to leverage Hitachi's world-wide presence to extend out market reach for mutual benefit of both companies," said chairman and managing director, K K Singh.
The company in a release today said that both companies will explore strategic business collaborations for infrastructure systems in large verticals, to offer comprehensive and seamlessly integrated solutions.
The stock opened at Rs 164 and touched a high of Rs 170. Until 10:15AM, over 2 million shares were traded on both the stock exchanges.
