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Jul 01 2011 01:10 PM

Gemini Communication rings loud as board to consider share buyback

The company announced the board meet during trading hours today, 1 July 2011.

Meanwhile, the BSE Sensex was down 74.65 points, or 0.40%, to 18,771.22.

On BSE, 1.02 lakh shares were traded in the counter as against an average daily volume of 46,810 shares in the past one quarter.

The stock hit a high of Rs 25.95 and a low of Rs 22.55 so far during the day.

The company has an equity capital of Rs 10.69 crore. Face value per share is Rs 1.

Gemini Communication's consolidated net profit jumped 226.8% to Rs 15.75 crore on 117% rise in net sales to Rs 239.12 crore in Q4 March 2011 over Q4 March 2010.

Gemini Communication offers a wide spectrum of networking, services and security solutions. The company's product portfolio includes solutions for networking, security, storage, supervision and IT services.

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