As Infosys mulls buyback, can TCS investors expect a similar move?
The board of Infosys is scheduled to meet on September 11 to discuss the buyback proposals. Meanwhile, Hong Kong-based brokerage firm CLSA believes it can trigger buyback talks at Tata Consultancy Services (TCS) too. TCS shares are currently trading at Rs 3,114 at noon. The brokerage maintained an ‘Outperform rating’ on TCS with a target…