Indian Energy Exchange: Buyback is likely to be value accretive for shareholders
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Our calculations suggest that at the current market price, even if the company is able to utilise 50 percent of cash on its books, it would be in a position to buy back close to 4.5 percent of its paid-up equity.Indian Energy Exchange: Buyback is likely to be value accretive for shareholders
Our calculations suggest that at the current market price, even if the company is able to utilise 50 percent of cash on its books, it would be in a position to buy back close to 4.5 percent of its paid-up equity. Read more