UPL is trading higher by 2% at Rs 193 ahead of its board meeting on Monday to consider the share buyback proposal.
The stock opened at Rs 188 and touched high of Rs 195, its highest level since December 2010, on the BSE. A combined around 965,000 shares have changed hands on the counter till noon deals on the BSE and NSE.
The board of directors of the company will meet on December 30, 2013, to consider and approve a proposal for buy-back of the company’s equity shares, UPL, the company engaged in agrochemicals business said in a regulatory filing.
Meanwhile, UPL is one of among the best performing stocks rallied 48% so far in 2013 as against 9% rise in benchmark S&P BSE Sensex.
The stock opened at Rs 188 and touched high of Rs 195, its highest level since December 2010, on the BSE. A combined around 965,000 shares have changed hands on the counter till noon deals on the BSE and NSE.
The board of directors of the company will meet on December 30, 2013, to consider and approve a proposal for buy-back of the company’s equity shares, UPL, the company engaged in agrochemicals business said in a regulatory filing.
Meanwhile, UPL is one of among the best performing stocks rallied 48% so far in 2013 as against 9% rise in benchmark S&P BSE Sensex.
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