Financial Daily from THE HINDU group of publications
Friday, Sep 03, 2004
Financial Daily from THE HINDU group of publications Friday, Sep 03, 2004 |
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Markets
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Open Offers Vickers System gets bids at Rs 500 Our Bureau
Mumbai, Sept. 2 VICKERS Systems International has received bids for over 74,000 shares at Rs 500 price band for its reverse book-building offer. Bids for a nominal 800 shares have been logged at Rs 125, according to data from the NSE. The buy back of Vickers Systems has been open from August 30. The shares have a face value of Rs 10 and are at a floor price of Rs. 69.30. Trading volumes for the scrip have been rising since the second week of August. Over 5,600 shares were traded on August 27. The usual volume for the scrip is under 1,000. The scrip opened Thursday's trading at Rs 115. It touched a 52-week high of Rs 120, before closing at Rs 119.90. The reverse book building closes on September 3.
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