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#612 Daily Money Show | Money Purse Stock Market News
Original: # 612 Daily Money Show | Money Purse Stock Market News
Takeaway
Premier Energies announced a Rs 1,250/share tender buyback alongside healthy YoY growth despite a soft sequential quarter.
Summary
- Premier Energies (solar modules + wind turbines manufacturer) results discussed.
- Announced Rs 750 crore buyback at Rs 1,250 per share via tender route with record date around August 25.
- Quarter operating revenue and profit grew, but slightly weaker vs previous quarter due to maintenance and supply-chain issues.
- On a YoY basis the numbers are strong, justifying continued investor interest.
Premier EnergiesBuybackSolarQuarterly Results
Original description
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