Tracxn Shares Surge 10% After Share Buyback Announcement 

The stock gave up some of the gains to end 7.13% higher at INR 62.18 apiece

Earlier this week, the company’s buyback committee approved a special resolution to buy back 11.42 Lakh equity shares from existing shareholders at INR 70 apiece

The company also announced allotment of 96K equity shares worth INR 55.80 Lakh to employees under its ESOP 2016 scheme yesterday

Shares of Tracxn surged as much as 10% to INR 63.86 during the intraday trading today (July 10) after the…