Anand Rathi Wealth’s stock surged by nearly 6% on Tuesday, April 9th, following the announcement that the Board of Directors, in their upcoming meeting scheduled for April 12th, 2024, will deliberate on a proposal for the buyback of equity shares of the company, each with a face value of Rs. 5.
As of 10:25 am, the shares were trading 5.48% higher at ₹3,942.05 on the NSE.
Additionally, the board will also deliberate on and approve the company’s audited standalone and consolidated financial results for the fourth quarter and the entire financial year.