SKF India rises 4%, to consider buyback on February 13

Moneycontrol BureauShare price of SKF India advanced nearly 4 percent intraday Thursday as it will consider buyback of its shares.The company's board meeting is scheduled on February 13, to consider the unaudited financial results for the third quarter and nine months ended December 31, 2016.In the said board meeting the company will also consider a proposal for buyback of equity shares of the company.At 10:54 hrs SKF India was quoting at Rs 1,404, up Rs 44, or 3.24 percent on the BSE.Posted by Rakesh Patil