Lovable Lingerie surges 14%, to consider buyback of equity shares

Sep 29, 2017 10:18 AM IST | Source: Moneycontrol.com

The meeting of the board of directors of the company is scheduled to be held on October 06, to consider the proposal for buyback of equity shares of the company.

Lovable Lingerie surges 14%, to consider buyback of equity shares

Moneycontrol News

Shares of Lovable Lingerie advanced 14.6 percent intraday Friday as it is going to consider buyback of shares.

The meeting of the board of directors of the company is scheduled to be held on October 06, to consider the proposal for buyback of equity shares of the company.

The trading window of the company shall remain closed for trading by designated persons as per insider trading rules of the company from September 29, 2017 to October 12, 2017 (both days inclusive).

At 10:12 hrs Lovable Lingerie was quoting at Rs 251.20, up Rs 26.10, or 11.59 percent on the BSE.

In the last one year the share has given negative return of 7 percent.

The company’s trailing 12-month (TTM) EPS was at Rs 4.19 per share. (Jun, 2017). The stock’s price-to-earnings (P/E) ratio was 59.90.

Posted by Rakesh Patil