Earlier, the stock had bounced back 24 per cent in three days (till Monday), from its 52-week low level, after the company announced that its board would consider share buyback on June 28. It had hit a 52-week low of Rs 1,052.60 on June 23, 2022.
"The company's board approved the buyback of equity shares having face value of Rs 10 at a price not exceeding Rs 1,700 per equity share and for an aggregate amount not exceeding Rs 120 crore, from the shareholders