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Tuesday, September 15, 2009
Yesterday SOKHI PAID MEMBERS were recommended PENNAR INDUSTRIES at 23 levels ended up 8% : MORE UPDATEs !!
Pennar Industries' buyback will start today 15th September. The company will buy back at a price of Rs 40 per share. Its 2 year high price is at Rs 45 per share. The buyback amount is not going to exceed Rs 12.5 crore. The buyback is of minimum of 10 lakh shares and maximum of 65 lakh shares. The stock is rangebound between 18.63-26 over past 6 months.
Pennar Industries touched an intra day high of Rs 25.90 and an intra day low of Rs 23.60 and at 15:11 PM yesterday, the share was quoting at Rs 25.75, up Rs 2.05, or 8.65%, trading with volumes of 4,131,237 shares, compared to its 5-day average of 825,043 shares, an increase of 400.73%.
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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.
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