Financial Daily from THE HINDU group of publications
Saturday, Nov 19, 2005
Financial Daily from THE HINDU group of publications Saturday, Nov 19, 2005 |
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Markets
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Financial Services Corporate - Buyback Indiabulls buyback not to exceed Rs 210 Our Bureau
MUMBAI: Indiabulls Financial Services has decided to buy back its equity shares from the open market at a price not exceeding Rs 210 per share. The board of the company has approved the proposal for the buyback to the extent of 10 per cent of the paid-up capital and free reserves. The maximum amount set aside for the buyback is Rs 38 crore. On Friday, the stock price of the company rose 1.97 per cent at Rs 168.55 on the BSE.
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