Jul 19, 2013
Infinite Computer Solutions (India), a global service provider of infrastructure management, climbed on Wednesday on ahead of buy-back offer of its shares, which will open on Thursday, June 20.
Earlier, the company had approved the buy-back of 3 million equity shares of face value Rs 10 each at a price not exceeding Rs 120 a share and upto a maximum limit of Rs. 300 million.
Shares of the company are trading at Rs 84, up Rs 3.9, or 4.87% at the Bombay Stock Exchange (BSE) on Wednesday at 1:51 p.m.
The scrip has touched an intra-day high of Rs 88.10 and low of Rs 79.50. The total volume of shares traded at the BSE is 92,745.
In the earlier session, the shares declined 3.44%, or Rs 2.85, at Rs 80.10. Currently, the stock is trading down 49.66% from its 52-week high of Rs 166.85 and above 11.7% over the 52-week low of Rs 75.20.