The stock price of DB Corp, one of India’s biggest media companies, jumped 4% on July 9 from Rs.264 to Rs.283 after its shareholders approved a buyback of 9.2 million shares worth Rs 3.13 billion. The proposal was initially approved by the board on May 26, and at that time the price was around Rs.260. After the July 9 pop, the stock now trades much lower at Rs. 220.
All in the family
DB Corp promoter Sudhir Agarwal and related entities tender stock worth ₹1.10 billion in the just concluded buyback
Summer wine and salad
Kishore Singh - January 19, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Every crisis is an opportunity, if you are on the right side of equities
Samir Arora - May 04, 2021
Viraj Mehta trusts the toughness and bounce of a company that has seen many trials
Viraj Mehta - May 04, 2021
Safir Anand spots a mid-sized company with the right chemistry and catalytic circumstances
Safir Anand - May 07, 2021