Era Infra repurchases FCCB's worth US$12 million

Era Infra Engineering Ltd has announced that the Company has bought back Zero Coupon Convertible Bonds due 2012 with an aggregate face value of US $ 12 Million.

The stock closed on Friday (April 24, 2009) at Rs.78.30, up by Rs.0.50 or 0.64%. The stock hit an intraday high of Rs.79.80 and low of Rs.76.20.

The total traded quantity was 200945 compared to 2 week average of 795167.

Source : Equity Bulls

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