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⢠Tata Consultancy Services (TCS) is buying back about 4.1 crore shares at a premium of 17.6% from Wednesday's closing price, giving investors the opportunity for double-digit returns.
⢠The buyback price of Rs 4,150 is at a premium of 17.6% from Wednesday's closing price of Rs 3,529.85 on BSE.
⢠Retail investors, with less than Rs 2 lakh in TCS shares, have a 15% reservation in the buyback and can buy up to 48 shares to potentially get an RoI in double digits.