Bull run takes the sheen off buyback plans

 The recent bull run has made almost all associated with the stock markets happy except some companies which intend to purchase shares from retail investors. Reason: the market price of the stocks of those companies surpassed offer prices, robbing the buyback offers of their sheen.

 Offers meant for the shareholders of Century Enka, Sun Pharmaceuticals and Punjab Tractors have virtually lost significance with the offer prices becoming lower from Friday