Shares of Selan Exploration Technology Ltd spurted 12.71 per cent on the BSE today on the back of announcement that the company is to consider buyback of shares.
The company’s board of directors will on September 8 consider the proposal for equity buyback, SETL informed the exchanges today.
The stock was trading at Rs 297, a gain of Rs 33.50 with a trading volume of 61,985 shares on the BSE.