Tuesday, March 04, 2025 | 08:03 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Majesco hits new high, trades above proposed buyback price of Rs 845

In the past three months, the stock has zoomed 141 per cent as compared to a 10 per cent gain in the Sensex.

HNI, high net worth individuals, rich, billionaires, millionaires, investors, investment, stocks, valuations, brokers, earnings
Premium

The buyback is proposed to be undertaken from the shareholders of the company on a proportionate basis through the tender offer route.

SI Reporter Mumbai
Shares of Majesco hit a fresh record high of Rs 889, up 5 per cent on the BSE in intra-day trade on Friday. The shares were trading above the proposed buyback price of Rs 845 per share. The stock surpassed its previous high of Rs 884.85, touched on Wednesday, October 7.

At 02:34 pm, the stock was trading 4 per cent higher at Rs 880, against a 0.75 per cent rise in the S&P BSE Sensex. A combined around 600,000 equity shares had changed hands on the counter on the NSE and BSE. In the past three months, the stock

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