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    HomeNewsBusinessCompaniesBalrampur Chini up 7% on buyback plan; but upside limited

    Balrampur Chini up 7% on buyback plan; but upside limited

    Balrampur Chini shares were up nearly 7% at Rs 72.40 on heavy trading volumes, after the company said its board would consider a share buyback proposal on February 22. But analysts tracking the stock are doubtful if the shares can sustain their gains. Earlier in the day, the stock had touched a high of Rs 75.

    February 14, 2011 / 14:48 IST

    Balrampur Chini shares were up nearly 7% at Rs 72.40 on heavy trading volumes, after the company said its board would consider a share buyback proposal on February 22. But analysts tracking the stock are doubtful if the shares can sustain their gains. Earlier in the day, the stock had touched a high of Rs 75.

    first published: Feb 14, 2011 02:42 pm

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