Infosys' repurchase: reward or a trap for fresh buyers? Explained with stock -prospects, compliance with income tax

Infosys’ repurchase of shares: The Indian IT major recently announced a repurchase of £ 18,000 shares, causing fresh buying from Infosys shares. Infosys’ repurchase of shares was announced on Thursday last week, and the past six sessions have risen the share price of Infosys from £ 1,509.70 per piece to £ 1,543.90 on the NSE, which records about 2.50 percent. The purchase of Infosys shares continues despite the strong sale of Friday last week, as retail investors are looking forward to participating in the Infosys returns announced at a significant premium. The demand of a million dollars to be answered is whether the fresh buyers can only join the repurchase of infosys and that their shares will be accepted, or is it an attempt to supplement the share price of infosys? How does repurchase make the share price? Anuj Gupta, director of Ya Wealth, said: “The repurchase of shares is a way to give companies to return excess cash to shareholders and reduce the number of outstanding shares. If there are fewer shares there are the benefit of businesses that can offer the shares in the medium term. Pro-rata base accepted. -Returning of shares, said Seema Srivastava, senior research analyst at SMC Global Securities, said, “The repurchase ratio is expected to be low due to heavy oversets. become. Shares that are not accepted will remain in the Demat account of the shareholder and can be held for long-term appreciation or in the market at prevailing prices. “Dhanshree Jadhav, Analyst Technology on the choice of Infosys. The highest among peers led by organic as well as inorganic initiatives. It trades at an attractive PE of 17x FY28E EPS, under the counterparts of the level, which also gives valuation phas. to endless opportunities, namely. Suggest investors that you should only buy the buying of the Infosys share, and that the shares of purchasing the purchase of purchasing the purchase of the purchase of purchasing the purchase of the share. Be on the record date around the Infosys return price. It should only be purchased if someone is convinced about the fundamentals and technical of the Infosys shares and has a strong conviction to buy this share. ”Disclaimer: This story is for educational purposes only.