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Saturday, Oct 29, 2005


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Indiabulls plans to buy back shares

Our Bureau

Mumbai , Oct. 28

INDIABULLS Financial Services said it is planning to buy-back its shares up to 10 per cent of paid-capital.

A board meeting will be held on November 3 to pass a resolution approving buy back of shares, the company said in a notice to stock exchanges.

On the BSE, Indiabulls' stock closed higher at Rs 162.70, from its previous close of Rs 146.70. In the last one week, the stock has shed 18 per cent in value.

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