BEL, 2 others to turn ex-date for buyback

On Thursday, three stocks - Bharat Electronics, Gandhi Special Tubes and Savita Oil Technologies - will turn ex-date for proposed buybacks. BEL plans to buy back 2.039 crore shares at ₹182.50 a share; GST will be buying back up to 8.80 lakh shares at ₹500 a share totalling ₹44 crore; and Savita Oil is eyeing to buy back 2.8 lakh shares at ₹1,605 a share for an aggregate of ₹44.94 crore. Investors need to buy these companies’ shares by Wednesday to participate in the buyback.