Sasken Technologies gains 11% as co to consider share buyback

The share touched its 52-week high Rs 1,140 and 52-week low Rs 571.45 on 14 June, 2018 and 15 February, 2019, respectively.



Shares of Sasken Technologies jumped 11 percent intraday Thursday as company is going to consider buyback of shares.

The company board will consider buyback of fully paid-up equity shares of the company, quantum and mode of buyback and other matters incidental thereto in its meeting to be held on April 23, 2019.

At 12:32 hrs Sasken Technologies was quoting at Rs 710.05, up Rs 53.05, or 8.07 percent on the BSE.

The share touched its 52-week high Rs 1,140 and 52-week low Rs 571.45 on 14 June, 2018 and 15 February, 2019, respectively.

Currently, it is trading 37.72 percent below its 52-week high and 24.24 percent above its 52-week low.

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