Thursday 23 April 2015

Sasken Comm surges on share buy-back plans

According to a release issued by the company to the BSE, Sasken Communication board is scheduled to meet today April 23, 2015 to consider a proposal for share buy-back. 

Sasken Communications Technologies has surged in early deals on the BSE, after the company announced its plans for share buy-back.

According to a release issued by the company to the BSE, Sasken Communication board is scheduled to meet today April 23, 2015 to consider a proposal for share buy-back.

So far, the stock has jumped to a high at Rs. 259, and is now up over 2.5 percent at Rs. 256.
On the BSE 15,000 shares have been trading at the counter as compared to its two-week daily average volume of 71,000 shares.

Meanwhile, the BSE Sensex is up 174 points at 28,065.

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