Stay updated with breaking news from Axis Cotton. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
NewsVoir, Mumbai, May 26: Axita Cotton, one of India's leading raw cotton manufacturers and exporters, experienced a significant boost in its stock price during the recent trading session.
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], May 26: Axita Cotton, one of India's leading raw cotton manufacturers and exporters, experienced a significant boost in its stock price during the recent trading session. This surge was driven by the news that the company is considering a buyback of equity shares. As a result, the stock rallied by 5%, hitting the upper circuit limit. Business News | Axita Cotton Announced Share Buyback at Rs. 56 and Achieves Strong Financial Performance.
Axita Cotton, one of India's leading raw cotton manufacturers and exporters, experienced a significant boost in its stock price during the recent trading session
The company board of Axita Cotton is scheduled to meet on Tuesday, May 23, 2023, to consider the proposal for buyback of fully paid-up equity shares of the company.