Spice Communications..may SPICE UP

Baharain Telecom major has joined the race with the AV Birla group company, Idea Cellular to acquire the 40 per cent stake held by Telekom Malaysia in BK Modi's Spice Communications. As per the latest reports Modi is seriously evaluating this offer. As per the close circle of Modi said the evaluation of the share price will be around Rs.72, and Modi had decided to sell it at Rs.80.Spice Communications share price closed yesterday at Rs.53.20. One can expect decent gains from this stock today.