Comments
Amrutanjan Health Care Ltd shares rallied 12 per cent during Tuesday’s trading session after the company announced a board meeting to consider a share buyback.
On Monday, the Chennai-based company intimated exchanges that its board will meet on June 30 to consider a proposal to buyback its fully paid-up equity shares of face value of ₹1 each.
Amrutanjan shares, which closed at ₹633.65 apiece on the NSE on Monday, rallied nearly 12 per cent to touch an intraday high of ₹708.80 apiece. The shares were trading at ₹678.95 apiece, 7 per cent higher than the previous day’s closing price, at the time of this report.
The stocks hit a 52-week high on August 12, 2022 at ₹847.25 per share, while it tested a 52-week low of ₹554.05 apiece on March 31, 2023.
Comments
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.