Cheviot Co today rose over 10% to hit an intraday high at Rs.723 and remains firmly in the green, trading currently at Rs.715 levels. Its 52-week high is at Rs.919.

The stock is up after the company stated that its Board of Directors will meet through audio-visual means on September 8 to consider the proposal for buy-back of shares.

Promoters currently hold a 74.99% stake.