India's Nucleus Software Exports surges 16% on share buyback proposal

Nucleus Software Exports

22/09/2021 09:52

** Shares of banking and financial software provider
 NSEL.NS  rise as much as 16.1%, their biggest intraday pct gain
since June 11, to 614 rupees
    ** Co said on Tuesday its board would consider a share
buyback proposal at a board meeting on Sept. 24
    ** Co did not disclose the buyback size or price
    ** About 947,500 shares change hands, 8.3x 30-day avg of
113,700 shares
    ** NSEL shares down 16.2% this year, as of last close

 (Reporting by Nallur Sethuraman in Bengaluru)
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