Sasken Communication soars on buyback nod

DALAL STREET SPIKES

The scrip had average daily volumes of 6.66 lakh shares in the past two weeks. The current price of Rs 190.90 discounts the Q4 March 2008 annualised EPS of Rs 9.93 by a PE multiple of 19.22. The buyback price of Rs 260 is at a premium of 36.2 per cent to the current price of Rs 190.90.