Salora International forms JV at Hong Kong

Salora International Ltd has announced that the Company has formed a Joint Venture Company at Hong Kong jointly with M/s. Riverstone (HK) Ltd., Hong Kong, for the purpose of import and export of electronic goods, telecom, IT, Hardware and software products etc. to India and other international markets.

The stock closed the day at Rs.104.50, down by Rs.4.35 or 4%. The total traded quantity was 4571 compared to 2 week average of 112972. The stock hit an intraday high of Rs.108 and low of Rs.103.25.

Source : Equity Bulls

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