India's eClerx Services hits 4-month high on share buyback proposal

eClerx Services

06/07/2020 07:16

** Shares of business process outsourcing co  ECLE.NS  rise
as much as 10.8% to 527.90, their highest since March 9
    ** Co on Friday said it will consider buyback of equity
shares at its board meeting scheduled on July 6  urn:newsml:reuters.com:*:nFWN2E914U
    ** About 535,000 shares changed hands, 3x30-day avg of
178,200
    ** ECLE shares down 16.1% this year as of last close
    

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))