Bhagya-nagar India shares surged 16.62 per cent to close at Rs 18.95 on an announcement that the firm’s board is considering a buyback proposal. The board will meet on April 9 to consider a buyback of equity shares.

The stock opened at Rs 17.5 and made an intraday high of Rs 18.95 with trading volumes of 163,000 shares.

More From This Section

First Published: Apr 03 2009 | 10:17 PM IST

Next Story