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The buyback offer is at 27% premium to the closing price of 17th February Rs 433/-.
Do not write off bull trend as yet as this could only be a minor correction: Experts
The report comes at a time when concerns are being expressed about the long rally in equities since April last year, which has seen gains of over 80% on the benchmarks
Benchmark indices ended on a negative note for the second consecutive session as investors sold off high-flying stocks.
Canara Bank is quoting at Rs 167.6, up 3.08% on the day as on 12:49 IST on the NSE. The stock is down 3.01% in last one year as compared to a 27.39% gain in NIFTY and a 15.27% gain in the Nifty PSU Bank index
Hindustan Copper Ltd is quoting at Rs 77.3, up 1.18% on the day as on 12:49 IST on the NSE. The stock is up 120.23% in last one year as compared to a 27.39% jump in NIFTY
Bank of Maharashtra is quoting at Rs 22.85, up 19.95% on the day as on 12:49 IST on the NSE. The stock is up 95.3% in last one year as compared to a 27.39% spurt in NIFTY
Federal Bank Ltd is quoting at Rs 87.9, up 2.93% on the day as on 12:49 IST on the NSE. The stock is up 7.39% in last one year as compared to a 27.39% jump in NIFTY and a 21.59% jump in the Nifty Bank
Union Bank of India is quoting at Rs 37.65, up 8.82% on the day as on 12:49 IST on the NSE. The stock is down 12.95% in last one year as compared to a 27.39% jump in NIFTY
The company highlighted that during the early access program the company witnessed massive interest coming from tier-III, tier-IV, and the rest of India towns in F&O trade.