BK Modi-promoted Spice Mobile hit the 10 per cent upper circuit at Rs 24.95 a share in a weak Mumbai market on reports that Japanese phone maker Sony Ericsson is in talks to acquire the company.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The shares jumped 9.91 per cent compared with its previous close. Spice Moble is a part of Spice Corp, a $2-billion multi-faceted group, previously known as MCorp Global. Spice Mobile phones made its entry into the Indian market two years ago, targetting the entry-level handset segment. </P></p><p class='TableClas'></p></table>


Spice Mobile hits limit on acquisition buzz

DALAL STREET SPIKES

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