Cambridge Technology Enterprises Ltd has announced that the Company is participating in an advocacy group called SOA Consortium, a committed group of end users, service providers, and technology vendors, with an objective of spreading SOA awareness. SOA Consortium's main objective is to drive the industry towards standardization and adoption of Service Oriented Architecture and CTEL's membership in the consortium is a stepping stone to be the world leader in SOA based solutions.
SOA Consortium is managed by the Object Management Group based at Needham, MA ,USA.
The stock was trading at Rs.55.50, up by Rs.9.25 or 20%. The stock hit an intraday high of Rs.55.50 and low of Rs.45. The total traded quantity was 307194 compared to 2 week average of 12900.