Market Update

Tuesday 13 March 2018

latest Update Alembic rises 4% on buyback approval By the TradeIndia Research 13-03-2018


Free Commodity Tips | Free Stock Tips 

Alembic rises 4% on buyback approval.


The buyback committee of the company approved buyback of up to 1,02,50,000 equity shares at the price of Rs 80 per share payable in cash for a total consideration not exceeding Rs 82,00,00,000.




Free commodity Tips




Shares of Alembic advanced 4.5 percent in the early trade on Tuesday as company approved the buyback of equity shares.

The buyback committee of the company approved buyback of up to 1,02,50,000 equity shares at the price of Rs 80 per share payable in cash for a total consideration not exceeding Rs 82,00,00,000.

The committee fixed March 23 as the record date for determining the equity shareholders of the company eligible to tender equity shares under the buyback offer.

At 09:45 hrs Alembic was quoting at Rs 62.90, up Rs 2.25, or 3.71 percent on the BSE.
Currently, it is trading 12.64 percent below its 52-week high and 85.82 percent above its 52-week low.

If you want more information regardingtheMarket News & many other tips like Intraday Tips , MCX Normal Calls , Indore Advisory Company , Bullion Market Tips , Share Market Services , NSE & BSE Market Tips , Free MCX Market Tips , MCX Premium Tips , Bullion Energy Tips , Commodity market tip.
Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

1 comment:

  1. Rudra investment Stock market expert it's a best option to get daily stock market trading recommendations and market calls.

    ReplyDelete