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Moneycontrol.com >> Messageboard >> Stocks >> Natco Pharma >> buy back
   You are here :     Moneycontrol     MMB    Stocks      Natco Pharma                         Most active discussions of 2006 , 2007 & 2008
buy back (4)   07-Nov-09 17:57Track this thread   Tracked by (0)  
Posted by:   rk2009 on ( 07-Nov-09 17:57 )
Price : BSE: Rs 107.35 ( 2.09 % ), NSE: Rs. 107.05 ( 1.71 % )
The buy back of own shares few years back as mentioned by COOLBULL is an indication that company has surplus funds to invest.a surplus budjet.If the company focusses more on developement of new drugs by spending on R&D it will definitely oneday another REDDYS.However it is being trgeted now due to market competetion. It is sure sign the company is growing and maaking its rivals scary.I bought some shares during recent dip. I thank COOLBULL who contributed with good advice on this scrip.It is a good bet to invest on growing company than on a matured company.
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