India's Great Eastern Shipping rises on buyback proposal
BUZZ-India's Great Eastern Shipping rises on buyback proposal ** Shares of Great Eastern Shipping Company GESC.NS up 2.7% to 286.3 rupees
** Co said, on Aug 27, it will consider proposal to buyback shares
** Co did not disclose details on the size or timing of the potential buyback
** Stock set to rise for a third straight session
** More than 1.6 mln shares traded, 1.8x their 30-day moving avg
** YTD, GESC up ~20%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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