buy back

Dear Sir, When markets go through a tumultuous period, it’s important to have some stocks whose movements are not so much correlated to the overall movement of the market and sometimes we find such stocks in Special situation opportunities (SSOs). SSOs constitute opportunities arising out of corporate actions like de-merger, buy-back, de-listing, merger, rights issue, etc. The purpose of SSOs is to park the surplus funds (normally deployed in liquid/short term debt funds) at much better rate of return with seemingly…