Telecom stock under Rs 200 gains 7% as company shares update on acquisition worth Rs 800 crore - Details

Shares of NSE SME company SAR Televenture Ltd, a telecom sector firm, surged over 7 per cent in the morning trade on Monday, October 27, 2025, after the company informed exchanges about the acquisition of two companies in its latest filing. The company said that it has entered into a Share Purchase Agreement to acquire 100 per cent of the shares of Blue Lotus Support Services Private Limited and Whitefield Communications Private Limited for a total of Rs 800 crore. This firm said that the acquisition will help strengthen its position in India's rapidly growing telecom infrastructure sector and expand its operations in South India.

Business