InvestorQ : Will the buyback announcements push the stock price of Dalmia Bharat and Motilal Oswal?
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Will the buyback announcements push the stock price of Dalmia Bharat and Motilal Oswal?

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Angel dcosta answered.
1 year ago
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Dalmia Bharat and Motilal Oswal Financial Services have announced share buybacks after the sharp correction in the price of these stocks. It is also a move aimed at instilling confidence among investors when most stocks have shed significant value. Share buybacks are generally carried out at a premium to the market price and is used as a tool to signal the investors that the company feels its stock is undervalued. While Dalmia Bharat buyback will be worth Rs.500 crore, the MOFSL buyback will be worth Rs.150 crore. Both the buybacks are at a premium to the current market price.

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