India's Dwarikesh Sugar rises after share buyback approval
** Shares of Dwarikesh Sugar Industries DWAR.NS rise as
much as 7.1% to 86.8 rupees
** Dwarikesh approved on Friday a share buyback proposal of
315 million rupees worth of shares
** DWAR stock had risen last week on the buyback proposal,
pushing the weekly gains up 3.9% and snapping four straight
weekly loss
** Co is engaged in diversified businesses, ranging from
making sugar, ethanol to power.
(Reporting by Anisha Ajith in Bengaluru)
((anisha.ajith@thomsonreuters.com))
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