CRISIL, a provider of ratings and research services, witnessed a rise in share price on Wednesday after the board of directors of the cmpany have approved the proposal for buyback of fully paid up equity shares of face value Rs 1 each of the company from the existing shareholders of the company, for an amount not exceeding Rs 1.02 billion.

Shares of the company are trading at Rs 2,000, up Rs 61.2, or 3.16% at the Bombay Stock Exchange (BSE) on Wednesday at 11:41 a.m.

The scrip has touched an intra-day high of Rs 2,080 and low of Rs 1,959.05. The total volume of shares traded at the BSE is 13,821.