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Buyback Buzz Provides Fertiliser For Monsanto

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BUSINESS STANDARD

Stocks of Monsanto India (MIL) bucked the weak trend today on sustained buying support following rumours that the company may announce a buyback of its equity shares.

The scrip rose by 3.06 per cent to Rs 543.05 on BSE today, where 5,973 shares of the company were traded.

In the last two sessions, the Monsanto India scrip has risen 13.86 per cent from Rs 475 on April 17, 2003.

MIL

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First Published: Apr 23 2003 | 12:00 AM IST

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