Monday 22 October 2018

SKF India gains ~2% as board to consider buyback proposal

Shares of SKF India were trading ~2% up in morning session on Monday on news that its board would consider a buyback proposal in a meeting scheduled for October 24, 2018. "Board Meeting to consider buyback of equity shares having a face value of Rs10 each equity/shares of the company," the company said in a press note to the exchanges on Friday after market hours.


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