Mold-Tek Technologies Ltd

Mold-Tek Technologies Ltd has entered into a long-term business relationship with a European client to work on a product development project based on salesforce.com Cloud Computing Technology. This will enable the company to grow its IT Division and revenues substantially in the near future, Mold-Tek informed the exchanges. Through this, the company plans to enter a niche and high-end product development arena of cloud computing. Shares of Mold-Tek slipped 1.65 per cent to ₹225.15 on the NSE.