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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (6540)	9/8/1999 8:07:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Goldstone Engineering hits the circuit breaker on BSE. goldstone.net New Delhi, Sept 8: Thanks to the lure of the software tag, Goldstone Engineering Ltd has hit the upper-end of the circuit-filter for five consecutive sessions on the Mumbai Stock Exchange. On Wednesday, the stock scaled an all-time high of Rs 82 on the bourse, accompanied by an exceptional volume of over 1 lakh shares. The sudden buying interest in this hitherto dormant counter is attributed to the power cable manufacturer's reported move to focus on the software business. According to marketmen, the company's software outfit is likely to be merged with the parent and post-merger, the company's name could be changed to Goldstone Technologies...... financialexpress.com

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