India's Cosmo First 7% up on share buyback plan

Cosmo First

28/11/2022 04:19

** Maker of semi-finished plastics products Cosmo First
 CSFL.NS  up as much as 6.9% at 742 rupees, its biggest intraday
gain since Nov 16
    ** Stock set to gain for a second session straight
    ** Co on early Monday said board was considering a proposal
for buyback of equity shares  urn:newsml:reuters.com:*:nFWN32N033 
    ** More than 28,000 shares traded, 0.4x their 30-day moving
avg of nearly 65,000 shares
    ** Stock down ~25.5% YTD as of last close 
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;Mobile: +91 6001289066))