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Goldiam International delivered a stellar performance on Dalal Street on Wednesday as the company's shares skyrocketed to a fresh life-time high of Rs 842 on the National Stock Exchange (NSE), up 14 per cent in the intra-day trade.
The strong buying at the counter can be attributed to company’s plan to consider share buyback. "A meeting of the board of directors of the Company will be held on Monday, September 13, 2021, to inter alia, consider a proposal for buyback of equity shares of the Company," the company had said on August 30.
Share buyback is the acquisition of
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