TCS share buyback offer closes today. What should retail investors do?

Tata Consultancy Services (TCS) board in January approved a proposal to buy back upto 4,00,00,000 Stocks for an amount not exceeding ₹18,000 crore at ₹4,500 per share. TCS’ share buyback offer opened on March 9 and closes today. The share buyback program of India’s second-most valuable firm, has attracted a large number of shareholders.  March […]

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TCS share buyback record date next week. Key things retail investors should know

Tata Consultancy Services (TCS) had approved to buy back 4 crore shares (1.1% of its equity) through a tender offer at a price of ₹4,500 per share resulting in a total offer size of ₹18,000 crore. The record date has been fixed on February 23, 2022 for the purpose of determining the entitlement and the […]

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TCS share buyback: A good opportunity for retail investors?

IT giant Tata Consultancy Services (TCS) on Saturday announced that the company has fixed Wednesday, February 23,2022, as the record date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in TCS’ share buyback. The IT company, while announcing its third quarter earnings last […]

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Sensex tanks 3300 points in 5 days. Should you buy on dips?

Stock market today: Indian benchmark indices extended the decline for the 5th straight session as the benchmark BSE Sensex has lost around 3300 points whereas NSE Nifty has crashed around 1,000 points. Nifty Small-cap 100 and Nifty Mid-cap 100 indices have slipped into the negative territory in 2022 i.e., year-to-date time or YTD. According to […]

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TCS top Nifty gainer after Q3 results, buyback announcement. Should you buy?

Shares of Tata Consultancy Services (TCS) surged nearly 2% to ₹3,934 apiece on the BSE in Thursday’s early deals after the company’s net profit for the December quarter grew 12.3% from a year ago to ₹9,769 crore on the back of robust revenue growth of 16.3% to ₹48,885 crore.  TCS said strong growth over the […]

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