Shares of Dhanuka Agritech rallied nearly 7 per cent to Rs 820 apiece on the BSE on Thursday, a day after the company approved the buyback of up to 10,00,000 equity shares at a final price of Rs 1,000 per share for an aggregate amount not exceeding Rs 100 crore.
At 09:37 AM, the stock was trading around 5.5 per cent higher at Rs 810 on the BSE against Wednesday's close of Rs 768.30. In comparison, the S&P BSE Sensex was trading 0.38 per cent lower at 39,155 levels.
The stock had hit a 52-week high of Rs 935 on