Buy back of reliance infra and eicher

Feb 16, 2009 2 Replies

Eisher motors says to buy 14 lacs shares @ 691 . The share is currently @ 285 or so .



If I purchase it now will i be able to sell it @ 691 .



Similarly rel infra says of buy back till 15 april upto 700 Rs per share . Is it from open market ?



If u r a trader is buy back a criterian to rush for the share ?



Let's put our thinking caps on for a minute.

Someone is offering to buy something at 3 times it's selling price on the open market. What do you think the immediate effect on the price of that item in the open market? I would think that it would rise immediately to match that offer.

And why would someone offer to buy something at 3 times the price that it's selling on the open market anyway?

If you cannot even type your question properly, how would we know that you will care for an answer?

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