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TCS buyback Query n Discussion

176°
Tech Guru
bikidas2060

TCS has announced a buyback price of 3000/share. So, guys it is not yet clear about the record date.

So, I will like to look for your opinions

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Benevolent Benevolent
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You bought just because he told you ?
rolleyes

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Deal Newbie Deal Newbie
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100% tender tcs at 3000 … u will get near 2400 -2500 again..

Tech Guru Tech Guru
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Tcs is trading above buyback price 🙂🙂🙂🙂 @smartnsh

Beacon Beacon
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They need to follow procedure.

Currently postal ballot is out for permission of shareholder till 18th November. 20th November will be decision declaration date.

So earliest record date could be last week of November or in early December.

Last 2 buyback was stellar bcoz less retail participation but this time acceptance ratio is less likely to be 100% like last 2 times. So be careful.

Tech Guru Tech Guru
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Bhai, what shall be the ideal quantity for the thing??? Shall they release some sort of ratio?

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Deal Newbie Deal Newbie
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bro, all nifty 50 stocks not good for investment, i always prefer highest market cap (large cap) hdfc ltd, tcs etc.. or banks (big banks like sbi in psu or hdfc in pvt sector)

Brand Enthusiast Brand Enthusiast
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TCS pray

Tech Guru Tech Guru
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🔥🔥🔥

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