Era Infra repurchases FCCBs worth US$ 2.1 million

Era Infra Engineering Ltd has announced that further to the Buy Back of US $ 16 million FCCB's, the Company has bought back Zero Coupon Convertible Bonds due 2012 with an aggregate face value of US $ 2.1 Million.

The stock was trading at Rs.113.50, down by Rs.1.10 or 0.96%. The stock hit an intraday high of Rs.114.90 and low of Rs.111.50.

The total traded quantity was 34692 compared to 2 week average of 529694.

Source : Equity Bulls

Keywords