Bharat Electronics gains on share buyback plan

The stock was up 2% at Rs 178 on BSE after the state-owned company said that its board will consider the proposal for buyback of shares of the company on January 30, 2018

Bharat Electronics was up 2% at Rs 178 on BSE after the state-owned company said that its board will consider the proposal for buyback of shares of the company on January 30, 2018.

Earlier on January 9, Bharat Electronics announced that a meeting of the board of directors of the company is scheduled to be held on Tuesday, the 30th January, 2018 to consider and approve, unaudited standalone financial results for the quarter and nine months ended 31st December, 2017 and also to consider declaration of interim dividend for the financial year 2017-18.

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