PC Jeweller Stock Rebounds On Proposal To Consider Share Buyback

Gold Silver Reports (GSR) – PC Jeweller Rebounds On Proposal To Consider Share Buyback – Shares of the Delhi-based jewellery retailer rebounded from its worst fall in over two months on Friday and rose as much as 17.55 percent to Rs 209. The stock snapped its 5-day losing streak after it informed exchanges that its board will meet on May 25 to consider a proposal to buy back its shares.

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Hydro One Limited, Through its Subsidiaries, Operates as an Electrical Transmission and Distribution Utility in Ontario

Gold Silver Reports (GSR) – Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution utility in Ontario. The company has market cap of $9.45 billion. The firm owns and operates approximately 30,000 circuit kilometers of high-voltage transmission network and approximately 123,000 circuit kilometers of low-voltage distribution network; and 306 transmission stations, as well as 1,026 distribution and regulating stations. It has a 18.44 P/E ratio. It serves approximately 1.4 million residential and business clients across the province of Ontario, and large industrial clients and local distribution companies.

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Cyient Swings After Acquiring Semiconductor Firm

Gold Silver Reports (GSR) – Cyient Swings After Acquiring Semiconductor Firm – Shares of the software developer fluctuated between gains and losses and fell 1.5 percent to 750.10 as of 9:35 a.m. The company acquired semiconductor firm Ansem N.V. in an all-cash deal worth $17 million, according to its stock exchange filing.        

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