Claris Lifesciences board to consider buyback; stock rises 4%

Our Bureau | | Updated on: Mar 12, 2018

The stock of Claris Lifesciences jumped about 4 per cent in early trade on Friday after the company said that its board will meet on January 7 (Tuesday) to consider buyback of shares.

After hitting an intra-day high of Rs 208, the stock is currently ruling at Rs 204.55, up 3.2 per cent.

Currently, promoters hold 60.21 per cent stake in the company while FIIs at 14.77 per cent and domestic institutions at 11.42 per cent also have significant exposure. Some 14,250 retail investors control 4.98 per cent stake in the company. The Claris board will also consider interim dividend.

Published on January 03, 2014
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