Moser Baer cancels 10 repurchased FCCBs

Moser Baer India Ltd has repurchased 10 FCCBs under Tranche A on June 19, 2009. The repurchased FCCBs were bought at a price of US$ 52750 each totalling US$ 527500 and the same has been cancelled following the repurchase.

The stock was trading at Rs.87.55, down by Rs.1.10 or 1.24%. The stock hit an intraday high of Rs.90.90 and low of Rs.87.05.

The total traded quantity was 297049 compared to 2 week average of 612012.

Source : Equity Bulls

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