Infosys has announced a buyback of ₹18,000 crore at ₹1,800 per share, a 19% premium over the previous closing price, leading experts to suggest a ‘buy on dips’ strategy. Analysts anticipate this move could initiate a rally in the stock, supported by a strong balance sheet and potential EPS boost.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets