HPCL to buyback 10 crore shares at Rs 250 a piece
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HPCL share price zoomed 8.6 per cent to Rs 202.90 apiece on BSE after the company’s board approved a share buyback proposal worth Rs 2,500 crore. The board of Hindustan Petroleum Corporation Ltd has approved the proposal to buy back 10 crore shares, which represents 6.56 per cent equity share, at Rs 250 per share. The stock has soared 31 per cent from March low of Rs 155 apiece.

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