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The Tata Consultancy Services (TCS) board today announced buyback of up to 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore. The buyback offer constitutes 2.85 percent of total paid-up equity share capital.
The buyback price has been set at Rs 2,850 per share, a 11 percent premium to the current market price.
MCX Free Tips SELL CRUDE OIL
BELOW 3620, with
Target2- 3590, and
Target3- 3570, with
StopLoss ABOVE 3650.