Business Standard

HT Media hits 52-week high on share buyback report

The board will meet on May 14, to consider a proposal for buy-back of equity shares of the company.

Image

SI Reporter Mumbai
HT Media has surged 9% to Rs 112 after the company announced buyback of its own equity shares.

“The board of directors of company will meet on May 14, to consider a proposal for buy-back of equity shares of the company,” HT Media, the publishers of the Hindustan Times newspaper said in a regulatory filing.

The stock opened at Rs 106 and hit a 52-week high of Rs 124 BSE. A combined around 31,281 shares changed hands on the counter till noon deals on BSE and NSE.
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 10 2013 | 1:35 PM IST

Explore News