Financial Daily
from THE HINDU group of publications
Tuesday, May 01, 2001
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Financial Daily from THE HINDU group of publications Tuesday, May 01, 2001 |
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Kesoram Ind: Buyback beckons
The Kesoram Industries' stock may show firm trends with the possibility of a buyback programme looming large. The company had recently cleared the merger of three group companies in diverse businesses which had to flat trends in the stock price.
The possibility of an attractive buyback price may help hold the valuation levels firm for a few trading ahead of the board meeting on May 4 to consider buyback of shares. -- BL Research Bureau
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