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HEG surges ahead of board meet for interim dividend, share buyback

The stock surged 17% to Rs 2,600 on BSE in early morning trade ahead of board meeting tomorrow to consider either the interim dividend or proposal for buy back of equity shares of the Company.

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters
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Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters

SI Reporter Mumbai
HEG has surged 17% to Rs 2,600 on BSE in early morning trade ahead of board meeting tomorrow to consider either the interim dividend or proposal for buy back of equity shares of the Company.

The stock had locked in lower circuit in past four straight trading sessions, fell 25% in six trading days. The BSE & NSE have revised the circuit filter of the stock to 20% from 5% earlier.

“The board of directors of the Company is scheduled to be held on Thursday, the 8th day of February, 2018 at 3.00 P.M. to consider inter alia

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