Shares of Supreme Petrochem will remain in focus on the bourses in the coming days, as the buyback offer ends at close of market hours on Friday. Through the buyback, which opened on May 5, the company mopped up only 3.36 lakh shares, as the share price shot up beyond the offer price of ₹70 after May 29. The company had set a maximum buyback target of 60 lakh shares and a minimum of 24.11 lakh shares. The stock on Thursday closed at ₹77.5.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.