Leading IT service player Infosys LTD announced a purchase of RS 18,000 crore on Thursday via a tender route, the largest since the list. The IT-Majoor, based in Bengaluru, will purchase around 10 crore shares, which represents 2.41% of equity on RS 1,800 each, which will be 19% premium compared to the current market price. […]
Infosys, one of the leading Information Technology players, witnessed renewed investors’ interests and rose no less than 5% Intraday after announcement that it will consider a share purchasing on Thursday 11 September. But what does this mean for the 26 Lakh shareholders of the company? Firstly, it can be seen whether the company will assume […]