MoneyWorks4Me

Praj Industries has informed that the board of directors of the company at its meeting held on December 03, 2011, has approved a buy-back of its outstanding equity shares of face value Rs. 2 (Rupees Two only) each for an aggregate amount of up to Rs. 558.639 Million at a price not exceeding Rs. 90 per equity share. The buy-back will be made from the open market through the stock exchanges.

The above information is part of the company’s filing submitted to the BSE.

Peers
Company Name CMP
Bharat Heavy Elect. 426.25
Thermax 3475.00
Kirloskar Industries 3682.35
Skipper 561.50
INDO-MIM 1231.70
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