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The latest update is out from Ghcl Limited ( (IN:GHCL) ).
GHCL Limited has announced the completion of a buyback of 41,37,931 equity shares, valued at INR 10 each, through a tender offer. The buyback was executed at a price of INR 725 per share, totaling up to INR 300 crore, excluding transaction costs. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Ghcl Limited
GHCL Limited operates in the chemical industry, focusing on the production of soda ash and other related products. The company is a significant player in its market, catering to various industrial applications.
Average Trading Volume: 11,561
Technical Sentiment Signal: Strong Buy
Current Market Cap: 56.01B INR
For detailed information about GHCL stock, go to TipRanks’ Stock Analysis page.