What to watch. Swaraj Engines: focus on buyback details

Shares of Swaraj Engines will remain in focus on Tuesday, as its board will consider a share buyback proposal. Investors will closely monitor the details of the proposals, especially the quantum of shares to be bought back and the offer price. The mode of purchase-open market purchase or tender route-will also be an important factor. Besides, investors will also be keen to know the promoters' intention on whether they would also participate in the buyback.