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Again Company announces Buyback of share at a 100 per cent premium with 390 per cent standalone profit growth: Stock hits 20 per cent upper circuit
Again Company announces Buyback of share at a 100 per cent premium with 390 per cent standalone profit growth: Stock hits 20 per cent upper circuit

Again Company announces Buyback of share at a 100 per cent premium with 390 per cent standalone profit growth: Stock hits 20 per cent upper circuit

In year 2023 the company announced buyback of share at Rs of 2000 per share which was almost double of its current market price.  

Prajwal Wakhare Article rating: 4.2

In the quarterly results for June 2024, the consolidated revenue was Rs 531 crore, marking a 75.83 per cent increase compared to June 2023. Net profit on a consolidated basis reached Rs 88 crore, up 266.67 per cent year-over-year.

This stock announces buyback of share at a 100 per cent premium, watch out!
This stock announces buyback of share at a 100 per cent premium, watch out!

This stock announces buyback of share at a 100 per cent premium, watch out!

The buyback of share is announced at Rs of 2000 per share which is almost double of its current market price.  

Karan Dsij Article rating: 4.1

For the quarter ended December 2022, its total revenue stood at Rs 291 crore as against Rs 212 crore in the same period of last year. Net profit almost doubled in the quarter ended December 2022 as it surged to Rs 39 crore as against Rs 21 crore in quarter ended December 2021.

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