Ruchi Infrastructure trades in green on BSE
Ruchi Infrastructure has repurchased Foreign Currency Convertible Bonds (FCCBs) worth $ 8 million. The scrip is currently trading at Rs 40.80 per share, up 0.45 points or 1.12% on BSE.
The stock opened in red at Rs 40.70 as compared to its previous close of Rs 40.35. Intraday, the counter touched a high and a low of Rs 41.50 and Rs 40.05 respectively.
So far 62,826 shares have been traded on BSE.
The stock has touched its 52-week high of Rs 74.95 on September 30, 2009 and a 52-week low of Rs 8.45 on March 18, 2009.
The scrip has gained 0.87% since past one week but has declined by 27.53% since past one month.
The company repurchased 20 FCCBs at $ 200750 per FCCB on December 29, 2009 and 20 FCCBs at $ 199250 per FCCB on December 30, 2009. The company has paid total of $ 8 million for the buy back.
The company is mainly engaged in the businesses of storage and transportation of edible oils, petroleum, liquid bulk chemicals, agricultural products etc.
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