Thursday, March 8, 2018
Trent Ltd -Quarterly Results Update Dec-2017
Stocks which are Bought by Promoter & Director on 08 March 2018
For Joining our Whatsapp Group, Send a Message " Group " at +91 8802230836
Wednesday, March 7, 2018
MOIL Ltd Buyback
MOIL has offered buyback
of its shares worth Rs 2,104 million at the buyback price of Rs 240 per share .
The record date for the buyback was 20 February 2018 and the applicable ratio
will be announced later. The date of opening of the Buyback Offer is 7th March
2018 and the date of closing is 20th March 2018.
MOIL will buy
back 87,66,720 shares (3.29% of the total issued paid-up share capital of the
company as on 31 March 2017) at the buyback price of Rs 240 per share .
The promoters will also participate in the buyback.
Valuations : At offer value of Rs 240, each Equity share is quoted
at a P/E of 15.6x (standalone) and 20.8x (including joint ventures) based on
trailing twelve-month earnings, which is a Higher Value for a commodity based
company & I / we will prefer to surrender in Buybacks.
Join Us at WhatsApp: 1. https://chat.whatsapp.com/1y9VqqjoYgJFV23AfBDAaz ( Free )
Subscribe to:
Posts (Atom)
