SpiceJet shares: ​Gainers & Losers: HDFC Life, SpiceJet among top 5 stocks in spotlight on Tuesday
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The news triggered strong buying action in the stock as the price surged amid significant volumes. Over 12 lakh shares were trading on the NSE around 10:30 am.
The company said the contract is subject to signing of definitive agreement in due course.
The contract is subject to signing of a definitive agreement between the two companies, the company said in a notice to the stock exchange Monday. Once finalised, the electronics manufacturing service provider will be making notebooks and laptops for Lenovo, which was marginally ahead of Dell to become the second largest PC brand in the September quarter, as per IDC.
“Lenovo which is a global leading player in their field are known for their affordable yet technologically advanced products. We are confident that this partnership will also scale up localization and creation of component ecosystem & employment opportunities in India,” he added.