TTK Healthcare zoomed 12.25 per cent to close at Rs 87.95, after the company said its board will meet on July 25 to consider a buyback of shares. The stock hit an intraday high of Rs 93 and a low of Rs 80.10.
The counter witnessed trading volumes of 16,387 shares, about 15 times its two-week average. The stock hit a 52-week high of Rs 135 on January 7, 2008 and a 52-week low of Rs 55.05 on August 24, 2007.
TTK Healthcare is a diverse company operating in the areas of pharmaceuticals, consumer products and biomedical devices.