Business Standard

Smartlink Network Systems surges 15% as board mulls share buyback proposal

The stock surged 15% to Rs 103 on the BSE after the IT networking equipment firm said that its board will meet on Saturday, April 7, 2018 to consider the share buyback proposal.

Share prices get boost after buyback
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SI Reporter Mumbai
Shares of Smartlink Network Systems have surged 15% to Rs 103 per share on the BSE in early morning trade on Thursday after the IT networking equipment firm said that its board will meet on Saturday, April 7, 2018 to consider the share buyback proposal.

The trading volumes on the counter jumped multiple folds with a combined 254,074 equity shares changed hands on the NSE and BSE till 09:27 am.

“A meeting of the board of directors of the Company will be held on April 07, 2018 to consider the proposal to buy-back the fully paid-up equity shares

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