Moser Baer repurchases 50 FCCBs

Moser Baer India Ltd has announced the repurchase of 50 Foreign Currency Convertible Bonds.

Under Tranche A, the company repurchased 20 Convertible Bondsand the total amount paid was US$ 495,000.

Under Tranche B, the company repurchased 30 Convertible Bonds and the total amount paid was US$ 720,000.

The stock closed the day at Rs.47.25, down by Rs.0.90 or 1.87%. The stock hit an intraday high of Rs.49 and low of Rs.47.05.

The total traded quantity was 48551 compared to 2 week average of 96689.

Source : Equity Bulls

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