{"id":138771,"date":"2023-01-19T08:12:18","date_gmt":"2023-01-19T13:12:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138771"},"modified":"2023-01-19T08:17:52","modified_gmt":"2023-01-19T13:17:52","slug":"cosmo-first-stock-prices-soars-after-the-board-announced-inr-108-crores-shares-buyback","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/cosmo-first-stock-prices-soars-after-the-board-announced-inr-108-crores-shares-buyback\/","title":{"rendered":"Cosmo First stock prices soars after the board announced INR 108 crores shares buyback"},"content":{"rendered":"\n<p>The shares of Cosmo First surged 1.29% to INR 756.05 a piece after the board announced buyback worth INR 108 Crore at a price not exceeding INR 1,070 each. The company planned indicative maximum number of equity shares to be bought back under the buyback scheme would be 10,09,345 equity shares (representing approximately 3.70%, which is less than 25% of the existing paid-up equity share capital of the company).<\/p>\n\n\n\n<p>The maximum buyback size represents 9.95% and 9.22% of the aggregate of the total paid-up equity share capital and free reserves of the company. As on 14 January 2023, promoters and promoter group held 44.27% in the company.<\/p>\n\n\n\n<p>Assuming the buyback of maximum buyback shares, promoter group holding will increase to 44.40%. The shares of Cosmo First jumped 4.09% to INR 746.45 on the BSE. The maximum buyback price is 43.35% premium to the ruling market price.<\/p>\n\n\n\n<p>Cosmo First is a global leader in specialty films for packaging, lamination, labeling and synthetic paper. The company is strategically expanding beyond films into specialty chemicals &amp; polymers as well as pet care business.<\/p>\n\n\n\n<p>To know more about the company please <a href=\"https:\/\/44.250.171.167\/cosmo-first-ltd-nse-cosmofirst-research-report-reports-reasonable-revenue-outperforms-the-indian-packaging-industry-on-ebit-margin-and-pat-margin-in-q2-fy23\/\">click on the link<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shares of Cosmo First surged 1.29% to INR 756.05 a piece after the board announced buyback worth INR 108 Crore at a price not exceeding INR 1,070 each. The company planned indicative maximum number of equity shares to be bought back under the buyback scheme would be 10,09,345 equity shares (representing approximately 3.70%, which [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":138666,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,10444,6350],"tags":[9044,8196],"class_list":["post-138771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-others","category-trending-stocks","tag-industrial-products","tag-packaging"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/istockphoto-95425656-612x612-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141440,"url":"https:\/\/alphastreet.com\/india\/symphony-q3fy23-net-profit-rises-by-86\/","url_meta":{"origin":138771,"position":0},"title":"Symphony Q3FY23 net profit rises by 86%","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Air cooler and appliances maker Symphony on Wednesday reported 85.71 per cent jump in consolidated net profit at INR 39 crore for the third quarter ended December 2022. The company had logged a net profit of INR 21 crore in October-December period a year ago, Symphony said in a regulatory\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":178051,"url":"https:\/\/alphastreet.com\/india\/ht-media-ltd-reports-q3-fy26-results-and-announces-leadership-transition\/","url_meta":{"origin":138771,"position":1},"title":"HT Media Ltd Reports Q3 FY26 Results and Announces Leadership Transition","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"HT Media Ltd (NSE: HTMEDIA) reported a marginal increase in consolidated total income for the third quarter of FY26 while navigating significant one-time regulatory costs. The company confirmed a major leadership change with the appointment of a new Managing Director and CEO effective March 2026. The company recorded a consolidated\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":134670,"url":"https:\/\/alphastreet.com\/india\/infosys-q2fy23-results-out-revenues-up-by-23\/","url_meta":{"origin":138771,"position":2},"title":"Infosys Q2FY23 results out, Revenues up by 23%","author":"Chirag Gupta","date":"October 14, 2022","format":false,"excerpt":"On October 13, IT services major Infosys reported a 11% rise in its consolidated net profit for the quarter ended September 30, 2022 on the Y-O-Y basis. The company also declared an interim dividend of Rs 16.5 per share and sees 15 - 16 per cent growth in revenue in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/infosys-dh-1153267-1665679669.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/infosys-dh-1153267-1665679669.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/infosys-dh-1153267-1665679669.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/infosys-dh-1153267-1665679669.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/infosys-dh-1153267-1665679669.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142381,"url":"https:\/\/alphastreet.com\/india\/vodafone-idea-net-loss-widened-to-inr-7990-crores-in-q3fy23\/","url_meta":{"origin":138771,"position":3},"title":"Vodafone Idea net loss widened to INR 7990 Crores in Q3FY23","author":"Chirag Gupta","date":"February 21, 2023","format":false,"excerpt":"Telecom firm Vodafone Idea's net loss widened to INR 7,990 crore in the quarter ended December 31, 2022 as against INR 7,595.5 crore in the year-ago period. The company's revenue rose 9% to INR 10,621 crore in Q3FY23 as compared to INR 9,717 crore in Q3FY22. ARPU (average revenue per\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2f59dc92-1a34-4299-8a7d-49ea1998b088.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178955,"url":"https:\/\/alphastreet.com\/india\/dev-accelerator-shares-decline-3-33-following-q3-financial-disclosure\/","url_meta":{"origin":138771,"position":4},"title":"Dev Accelerator shares decline 3.33% following Q3 financial disclosure","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"Dev Accelerator Ltd (NSE: DEVX) shares ended at INR 37.21 on Monday, February 2, 2026, representing an intraday decrease of 3.33%. The stock reached a session high of INR 39.16 and a low of INR 36.42, closing INR 1.28 lower than the previous close on the National Stock Exchange. Market\u2026","rel":"","context":"In &quot;Realty&quot;","block_context":{"text":"Realty","link":"https:\/\/alphastreet.com\/india\/category\/realty\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":136516,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-net-profit-drops-by-22-in-q2fy23\/","url_meta":{"origin":138771,"position":5},"title":"Pondy Oxides net profit rises over a percent sequentially in Q2FY23","author":"Chirag Gupta","date":"November 11, 2022","format":false,"excerpt":"Pondy Oxides reported a sequential rise in its net profit by over a percent. On a yearly basis, it reported a 22% drop in the net profit from INR 15 crores in Q2FY22 to INR 12 crores in Q2 FY23. This happened on account of 25% fall in the total\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=138771"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/138666"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=138771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=138771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=138771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}