Moser Baer repurchases 20 FCCBs for US$ 500000

Moser Baer India Ltd has announced the repurchase of 20 Foreign Currency Convertible Bonds.

Under Tranche A, the company has bought back 10 Convertible Bonds and the total amount paid was US$ 250,000.

Under Tranche B, the company repurchased 10 Convertible Bonds for a total amount of US$ 250,000.

The stock closed the day at Rs.46.95, up by Rs.2.05 or 4.57%. The stock hit an intraday high of Rs.49.75 and low of Rs.45.55.

The total traded quantity was 1040711 compared to 2 week average of 286585.

Source : Equity Bulls

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