Pioneer Embroideries Completes Buyback of FCCBs

Pioneer Embroideries Ltd has bought back, for cancellation, its entire outstanding FCCBs of aggregate Face Value USD 11.00 million, on December 30, 2013.

Shares of Pioneer Embroideries Ltd was last trading BSE at Rs.9, up by Rs.0.42 or 4.90%. The stock hit an intraday high of Rs.9 and intraday low of Rs.8.35.

The total traded quantity was 4407 shares as compared to 2 week average of 2796 shares.

Source : Equity Bulls

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