Business Standard

eClerx Services slips 7% on turning ex-date for buyback via tender offer

The company has proposed to buy back 1.71 million equity shares at a price of Rs 1,750 apiece via tender offer route

shares, growth, results, earnings, GDP, markets, stock, investment, shares, buybacks, investor, equity, BSE
Premium

SI Reporter Mumbai
Shares of eCierx Services slipped 7 per cent to Rs 1,273 on the BSE in Monday’s firm intra-day market. The company has proposed to buy back equity shares at a price of Rs 1,750 apiece via tender offer route.

The stock of the business process outsourcing (BPO)/ knowledge process outsourcing (KPO) company had hit a 52-week low of Rs 1,223.95 on June 17. At 02:12 PM; eClerx Services was trading 4 per cent lower at Rs 1,313.95 as compared to a 1.2 per cent rise in the S&P BSE Sensex.

On December 15, the buyback committee of the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in