Yeah, and it won't stop here. Its a replay of the TATA-Cyrus circus. Next head to roll will be Ravi Venkateshan mostly, he is the guy not in good book of many and chairmen Seshshya is due for retirement soon. Both of them were in cross-hair of NRM for long.
"Infosys" Announced Buyback Of Rs 13,000/- Cr Infy Board decided to Buyback 11.30 Cr Shares (4.92% of Total Equity)@ the Rate of Rs 1150/- Per Share V/S Friday's Close of Rs 923.55
"Infosys" Announced Buyback Of Rs 13,000/- Cr Infy Board decided to Buyback 11.30 Cr Shares (4.92% of Total Equity)@ the Rate of Rs 1150/- Per Share V/S Friday's Close of Rs 923.55
Infy buyback price is 1150 (as mentioned above or BB price yet to announce) and Friday CMP is 923.
Unable to understand this game, why this much gap in price.