The stock ended at its upper circuit limit at Rs 132.75. The counter witnessed trades of 599,205 shares on the BSE today.
Around 21,000 shares were pending at the BSE counter.
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Updated at 1327 Hrs:
Godrej Industries has surged 5% to its upper circuit limit on buyback offer.
The stock opened at Rs 132 and slipped to a low of Rs 127 before gaining strength. It rallied 5% to its upper circuit limit of Rs 133 and is currently locked at the same. Over 410,206 shares have been traded on the BSE today, with 31,852 buy orders still pending.
The company has announced the buyback of its fully paid up equity shares of face value Re 1 each at a price not exceeding Rs 275 per share.