{"id":382470,"date":"2020-11-05T11:10:18","date_gmt":"2020-11-05T05:40:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382470"},"modified":"2020-11-05T11:10:18","modified_gmt":"2020-11-05T05:40:18","slug":"hpcl-rallies-6-after-board-approves-rs-2500-cr-buyback-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-rallies-6-after-board-approves-rs-2500-cr-buyback-plan\/","title":{"rendered":"HPCL rallies 6% after board approves Rs 2,500 cr buyback plan"},"content":{"rendered":"<p>Shares of Hindustan Petroleum NSE 7.55 % Corporation (HPCL) climbed 6 per cent in Thursday\u2019s early trade after the board of the oil marketing company approved a Rs 2,500 crore share buyback plan as the company management feels the share price is lower than the value it deserves.<\/p>\n<p>In a stock exchange filing, HPCL said it will buyback up to 10 crore shares for no more than Rs 250 per share. The scrip traded 5.97 per cent higher at Rs 197.45 at around 9.37 am (IST), while the benchmark BSE Sensex traded 1.32 per cent higher at 41,150.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Hindustan Petroleum NSE 7.55 % Corporation (HPCL) climbed 6 per cent in Thursday\u2019s early trade after the board of the oil marketing company approved a Rs 2,500 crore share buyback plan as the company management feels the share price is lower than the value it deserves. In a stock exchange filing, HPCL said it will buyback up to 10 crore shares for no more than Rs 250 per share. The scrip traded 5.97 per cent higher at Rs 197.45 at around 9.37 am (IST), while the benchmark BSE Sensex traded 1.32 per cent higher at 41,150.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-382470","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=382470"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382470\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}