TCS buyback anyone?

251°
Deal Cadet
SS3321

Is there anyone who is participating in TCS buyback just for quick 20% gain on investment?





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Talk-Of-The-Town Talk-Of-The-Town
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It’s Not like that…..Depends on acceptance ratio

Deal Cadet Deal Cadet
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Yes, ofcourse.

Historically their acceptance for retail has been 100%, I don’t think it would go below 40%. Plus the appreciation in share price closer to 4000 range will support overall ROI.

20% is max. 15% is likely.



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Deal Cadet Deal Cadet
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What is buyback? I have few shares does it mean tye share price will go up to 4500?

Deal Subedar Deal Subedar
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No it won’t go upto 4500. But if you hold tcs shares on 23 Feb (last date to buy 21 Feb) then you’ll be able to sell a portion of your shares (30%-70%) to the company at 4500

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Deal Subedar Deal Subedar
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Check with customer care of the broker. Most likely it should be allowed. 

Deal Subedar Deal Subedar
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