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Nucleus Software gets nod for buyback of shares

26 Apr 2017 Evaluate

Nucleus Software Exports has received its board’s approval for buyback of shares at a price not exceeding Rs 350 per share via tender offer. The promoters/promoter groups of the company do not intend to participate in the proposed buyback.

Meanwhile, the company reported a healthy 578.6% year-on-year (YoY) growth in its consolidated net profit at Rs 22.26 crore for the fourth quarter ended March 31, 2017 (Q4FY17). Total income from operations grew marginally by 1% at Rs 93.69 crore against Rs 92.73 crore in the corresponding quarter of previous fiscal.

Nucleus Software Exp Share Price

806.35 -6.45 (-0.79%)
20-Apr-2026 11:58 View Price Chart
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