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The six-month buyback window of Tips Industries has ended on Wednesday. As of March 24, it had bought back 8.39 lakh shares, BSE data show. It had fixed ₹70 as the maximum buyback price, for a target of ₹6.80 crore.
According to NSE bulk deal data, Tips Industries on Wednesday bought 1.28 lakh shares at an average price of ₹56.25 a share, while Fidelity Multitrade Pvt Ltd sold 1.30 lakh shares. Investors will monitor the developments.
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