Stock has not performed well in last year..sudden rise just before Buyback..not good results..should we go for butback? if AR is not good..plz advice..seeing some loss in recent BB even after good AR.
Seems a avoid case for Buyback as 36.4 L shares will be bought from promoters. Can buy for short term views to ride the tide. But that also seems to be already over
@Mohsin: If retail shareholding is more than 15 % then also no more than 15% will be reserved for retail? In that case promotor reserved portion may play bad for retail correct? In Birlasoft you explained more than 15% reserved for retail right?
@cold burger 1. if retail shareholding pattern more thn 15% thn it will be reserved as per holding. 2. No effects of promoter holding on retail reserved quota. As first entitlement calculation starts with Retails thn rest of shares for others like promoters dii fii. 3. Promoters has no reserved quota. 4. Yes in bsoft i said.
15% - 11,70,000 - shares
But it reserved as per entitlement 11,82,193 - Shares.
if AR is not good..plz advice..seeing some loss in recent BB even after good AR.