I think that the CMP of Rs. 950/- is a good opportunity to purchase the shares to tender for the buyback, who have sold after the record date at a good profit. Thank you.
@KAMMA SIVA RAMA KRISHNA ji - I've sold all my holdings after record date above 1100. How many shares do you suggest I buy at 950. I held 115 shares on record date, so i think buying 10 shares now should be more than enough?
Sir, It’s better to purchase the no. of shares held on record date as the CMP of Rs. 950/- is a reasonable one and the chances of drastic fall after the buyback are less. Thank you.
@niteenipo : if you dont want to take risk, then better wait for buyback offer letter to come to you. In that you will be knowing for how many shares you are entitled for sure then u can buy that much share only that time to tender in buyback. Share price going down still so no need to take risk i feel by buying now based on assumption.