Selan Oil Exploration shares rally on buy-back plans

MUMBAI: Shares of Selan Oil Exploration surged higher on Monday after the company announced that a board meet will be held on September 08, 2012 to consider the proposal for buyback of equity shares.

The stock was at Rs 291.45, up 10.61 per cent, on the BSE. It touched a high of Rs 301.60 and a low of Rs 266.15 in trade so far.