Mehta Financial Services stock up by 20 percent


Bangalore:Asit C Mehta Financial Services Limited stock was among top gainers after price went up by nearly 20 percent.After opening the day at Rs, 54.45, the stock touched its 52 week high of 82.00, before closing the trade at 50.50, with gain of 20 percent.Through the day,7683 shares of Asit C Mehta Financial Services Limited were traded in the market. Asit C Mehta Financial Services Limited is an India-based company. The Company operates in two business segments: information technology enabled services (ITeS) and investment activities. The Company's wholly owned subsidiaries include Nucleus GIS, Inc. USA and Nucleus GIS And ITES Ltd, which is engaged into information technology (IT) / business process outsourcing (BPO) services. Asit C Mehta Financial Services Limted announced that the members at the annual general meeting (AGM) of the Company held on September 01, 2010, inter alia, have declared a dividend at INR0.50 (5 percent) per equity share as recommended by the Board.