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Dhanuka Agritech gains 4%, hits 52-week high on share buyback proposal

The board of directors of the company is scheduled to meet on July 22, 2020, to consider and evaluate the proposal for buyback of equity shares

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In the past three months, the stock of Dhanuka Agritech has outperformed the market by surging around 88 per cent, as compared to 18 per cent rise in the S&P BSE Sensex.

SI Reporter Mumbai

2 min read Last Updated : Jul 20 2020 | 9:48 AM IST

Shares of Dhanuka Agritech hit a 52-week high of Rs 849, up 4 per cent in early morning trade, on the BSE on Monday after the company said its board will consider share buyback proposal on Wednesday, July 22, 2020.

Earlier the company had said that the board of directors of the Company is scheduled to be held on July 22, 2020, to consider and approve Un-audited financial results of the Company for the quarter ended June 30, 2020.

The company has now informed the BSE that the board of directors, in the meeting scheduled to be held on July 22, 2020,

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