Shares of SKF India were trading ~2% up in morning session on Monday on news that its board would consider a buyback proposal in a meeting scheduled for October 24, 2018.
"Board Meeting to consider buyback of equity shares having a face value of Rs10 each equity/shares of the company," the company said in a press note to the exchanges on Friday after market hours.
Moreover, the board will consider the unaudited financial results for the quarter and six months ended September 30, 2018, the company added.
FUTURE CALL: BUY MUTHOOTFIN ABOVE 385 TARGETS 387 / 390 / 396 STOPLOSS 382
OPTION HNI CALL: BUY INFIBEAM 45 PUT ABOVE 2.50 TARGETS 4.00 / 5.50 / 7.50 STOPLOSS 0.90
"Board Meeting to consider buyback of equity shares having a face value of Rs10 each equity/shares of the company," the company said in a press note to the exchanges on Friday after market hours.
Moreover, the board will consider the unaudited financial results for the quarter and six months ended September 30, 2018, the company added.
FUTURE CALL: BUY MUTHOOTFIN ABOVE 385 TARGETS 387 / 390 / 396 STOPLOSS 382
OPTION HNI CALL: BUY INFIBEAM 45 PUT ABOVE 2.50 TARGETS 4.00 / 5.50 / 7.50 STOPLOSS 0.90
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