Nava Bharat Ventures surges 15% as board to consider buy back proposal

The meeting of the Board of Directors is scheduled on Friday, February 26

SI Reporter | Mumbai
Last Updated at February 24, 2021 10:11 IST

shares, growth, results, earnings, GDP, markets, stock, investment, shares, buybacks, investor, equity, BSE

A buyback, also known as a share repurchase, is when a company buys its own outstanding shares to reduce the number of shares available in the open market

Shares of Nava Bharat Ventures surged 15 per cent to Rs 67.30 on the BSE in the intra-day trade on Wednesday after the company announced that its board will consider share buyback proposal on Friday, February 26.

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