Smartlink network systems- huge insider buying
Smartlink promoters increased their stake by 4.45% thru open mkt share purchase in last 3 qtrs. They paid Rs.5.3cr at an avg price of 51.7 per share. The promoters may be confident that co will take a higher growth path with newly launched active networking products. Otherwise they may have some plans (special dividend or acquisitions) with the surplus cash of Rs. 96.5 cr (63% of current market cap). Either ways some shareholder value is going to be created in near future.
posted by jagadish @ 9:28 AM
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