Don’t miss the latest developments in business and finance.

Amtek Auto rebounds 10% on buyback plans

Image
SI Reporter Mumbai
Last Updated : Jan 20 2013 | 2:28 AM IST

Amtek Auto is currently trading marginally higher at Rs 140, bouncing back more than 10%, after the company announced buyback plans.

“The board of directors of the company will meet on August 25 to consider and discuss the buyback of equity shares,” the company said in a filing to the stock exchanges.

The stock opened at Rs 139 and hit a high of Rs 145 on the NSE. A combined 508,162 shares have changed hands on the counter till 1139 hours.

Also Read

First Published: Aug 22 2011 | 12:14 PM IST

Next Story