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Sulzer India rises on delisting plan

March 5, 2010


Shares in Sulzer India jumped 20 percent for the second day to hit upper circuit at 1,243.65 rupees on hopes Switzerland-based parent Sulzer Ltd would offer a higher price for the 20 percent it does not own and delist the engineering products company.

Suzler India ended with volumes of 0.04 million shares its highest since October 2009.

Shares in Suzler India has already gained over 50 percent for the week, do you think it is the right time to invest in the counter?

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