Shares of information technology (IT) companies such as Infosys, TCS, HCL Tech, and Persistent Systems rose by up to 4%, driving the Nifty IT index up by 3%, as an anti-AI trade unfolds in global markets, indicating concerns about a bubble forming in AI stocks. In the afternoon, Infosys shares surged as much as 4% … Read more
Bengaluru: Infosys, India’s second-largest IT major, on Thursday, approved its largest ever share buyback proposal worth ₹18,000 crore at a price of ₹1,800 per share, the company said in a regulatory filing late evening. The buyback price translates into a significant premium to the current price of the stock. The share buyback programme is at … Read more
India’s second largest IT services company Infosys will consider a proposal for buyback of company’s equity shares at its meeting to be held on September 11, 2025. The company informed about the development today after market hours. Infosys shares ended at Rs 1,436.10 on the NSE, down by Rs 8.50 or 0.59%. The share buyback … Read more
NEW DELHI: ‘ up to Rs 9,200 crore buyback plan is scheduled to commence from June 25, wherein the IT major has proposed to buy back shares at a maximum price of Rs 1,750 apiece. The Board approval for the buyback was granted on April 14, 2021, and the shareholders’ nod was received on June … Read more