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Monnet Ispat spurts on buyback plans

This article was posted on Nov 24, 2008 and is filed under Stock News

Company announced that it would buyback 7.41% of paid-up share capital at price not exceeding Rs300/ share. Shares of Monnet Ispat has surged by over 3% to Rs142 after the company announced that it would buyback 7.41% of paid-up share capital at price not exceeding Rs300/ share.

The scrip has touched an intra-day high of Rs156 and a low of Rs131 and has recorded volumes of over 59,000 shares on NSE.

source: Indiainfoline

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