Era Infra repurchases FCCBs worth US$3.2 million

Era Infra Engineering Ltd has announced that further to the Buy Back of US $ 18.1 million FCCB's, the Company has bought back Zero Coupon Convertible Bonds due 2012 with an aggregate face value of US $ 3.2 Million.

The stock closed the day at Rs.123.05, down by Rs.1.50 or 1.20%. The stock hit an intraday high of Rs.128.80 and low of Rs.121.75.

The total traded quantity was 222290 compared to 2 week average of 374144.

Source : Equity Bulls

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