Lovable Lingerie
By
Ruma Dubey
about 7 years ago
Lovable Lingerie rose over 4% to Rs.247.85, with an intraday low at Rs.242. The stock’s 52-week high is at Rs.283.40 and low at Rs.184.05.
The stock price rose on the company’s announcement that it will be buying back 20 lakh equity shares at the price of Rs.250/share. This is 11.90% of the total equity that it seeks to buy back.
The buyback offer will open on January 18th & close on January 19th.
As at 30th Sept 2017, promoters held 67.23%.