India's Dhanuka Agritech eyes best day in 10 months on share buyback plan

Dhanuka Agritech

28/10/2022 05:35

** Shares of agricultural chemicals company Dhanuka Agritech
Ltd  DHNP.NS  rise as much as 8.3% to 742 rupees, their biggest
intraday percentage gain since Dec. 31, 2021
    ** DHNP hit their highest since Sept. 6
    ** Co on Thursday said its board will consider a proposal to
buy back shares, on Nov. 1
    ** More than 110,300 shares change hands by 0421 GMT vs
30-day avg of  18,334 shares
    ** All 12 of the analysts covering the stock have a "buy" or
"strong buy" rating; median PT is 925.50 rupees - Refinitiv data
    ** Stock down 18% so far this year, up to last close
 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))