ASM Technologies Ltd inaugurates new development center at Pune, Maharashtra

ASM Technologies Ltd (BSE: ASMTEC), a global Technology Engineering and Product Development services provider has opened a new development center in Pune, Maharashtra. The Company will strengthen its presence and customer reach in Western India. The development center was inaugurated by Mr. Rabindra Srikantan, Managing Director and Mr. Ravishankar Reddy, Vice President.

Commenting on the recent expansion in Western India, Mr. Rabindra Srikantan, Managing Director said "The Pune center will locally support our existing global and domestic customers based here and we are looking to expanding our business in the rapidly growing western region.

Commenting on the development Mr. Ravishankar Reddy, Vice President said "The immense passion of our company and the customer confidence invested in us have allowed us to open a new development center in Pune. We will deliver our best in class services to our customers in this region."

Shares of ASM TECHNOLOGIES LTD. was last trading in BSE at Rs. 466.20 as compared to the previous close of Rs. 460.45. The total number of shares traded during the day was 4089 in over 235 trades.

The stock hit an intraday high of Rs. 479.70 and intraday low of 460.95. The net turnover during the day was Rs. 1912377.00.

Source : Equity Bulls

Keywords

ASMTECHNOLOGIES INE867C01010 Maharashtra NewDevelopmentCenter Pune