Shares of GSS America Infotech (GSS) spurted 5.22 per cent to close the day at Rs 109.9 on a share buyback plan. GSS board will meet on January 29 to propose a buyback of equity shares and to announce the December quarter results. The stock hit the intra-day high of Rs 120.9 and a low of Rs 105.5.
The stock witnessed trading volumes of 6.54 lakh shares (about 6 times higher than its two-week average). The scrip made a 52-week high of Rs 865 (April 01, 2008) and a low of Rs 92 (January 13, 2009).