Feb 21, 2012, 02.59 PM | Source: Moneycontrol.com
Mphasis is likely to announce buyback soon, reports CNBC-TV18, quoting sources.
Promoter holding is at 60.52% and company has nearly USD 350 million of cash in hand.
The share touched an intraday high of Rs 417.60 and an intraday low of Rs 404. At 14:53 hrs the share was quoting at Rs 413, up Rs 13.90, or 3.48%.
It was trading with volumes of 107,868 shares. In the previous trading session, the share closed up 3.51% or Rs 13.55 at Rs 399.10.
Mphasis looks to acquire companies that fall in th
Axis Securities is bullish on MPHASIS has recomme
Blackstone India will acquire HP's 60.5 percent st
The value of deal not yet confirmed and there is n
On Friday, HCL Technologies announced it would buy
Amit Khurana of Dolat Capital is of the view that
Tata Motors continued it upward movement post yest