Moneycontrol
Oct 18, 2016 09:52 AM IST IST | Source: Moneycontrol.com

Aarti Drugs, Aarti Industries up over 4% on buyback approval

Aarti Drugs has approved the buyback upto 3,60,000 fully paid-up equity shares representing upto 1.49 percent of the total number of equity shares of the company at a price of Rs 750 per equity share.

Moneycontrol Bureau

Shares of Aarti Drugs and Aarti Industries rose 4.2 percent and 5 percent respectively intraday Tuesday on approval of buyback.

Aarti Drugs has approved the buyback upto 3,60,000 fully paid-up equity shares representing upto 1.49 percent of the total number of equity shares of the company at a price of Rs 750 per equity share.

Also, Aarti Industries has approved the buyback upto 12,00,000 fully paid-up equity shares representing upto 1.44 percent of the total number of equity shares of the company at a price of Rs 800 per equity share.

At 09:48 hrs Aarti Industries has touched a 52-week high of Rs 740, was quoting at Rs 737.35, up Rs 32.70, or 4.64 percent.

Aarti Drugs was quoting at Rs 649.20, up Rs 22.20, or 3.54 percent on the BSE.

Posted by Rakesh Patil
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