It serves industries, including insurance, healthcare, retail, telecom and others, Click here to login/signup to join the discussion*, ⭐⭐⭐⭐⭐ Most Influential Member (3011 Posts). For tendering of share wait for the last date. You can sell all your shares in market at current price and book profit. Capitol breach | Facebook extends ban on Donald Trump's accounts until transition is complete, says Zuckerberg, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation. Small shareholders owning shares as on the record date of Rs 2 lakh or less will get reservation in the buyback offers to the extent of 15 per cent of the buyback size. Today I got the bill for sale of shares from Broker and got amount of Rs.210000/- credited into my bank account. An excellent article for fence sitters. out of 95 shares, 95 shares have been buyback by the company. Is my understanding correct? Live BSE, NSE Stock Price. TCS share price hit all-time high today after the share rose over 1% on an intra day basis. upto 1.99% of the paid-up equity capital. Just check if it’s 21000 or 210000? Tata Consultancy Services (TCS) share price was up a percent at open on November 19 after the company set a record date of buyback plan. https://d2un9pqbzgw43g.cloudfront.net/main/7a08453b-d635-4c41-89bc-0dddefc83a27.pdf, Date of Opening of the Buy Back Offer Period Friday, December 18, 2020, Date of Closing of the Buy Back Offer Period Friday, January 1, 2021, TCS Buyback entitlement ~41% ( 2 out of 5). 3000 per Equity Share (hereinafter referred to as the "Buyback Price", 1. TCS Share Price Today- TATA Consultancy Services Ltd. Stock Price Forecast. Generally, we see a downfall in stock after the record date. Hello sir it would be really helpful if you got reply to my query as I am a new investor, Final Bids in Individual Category (HNI+Retails), BSE = 108 Lakh Thank you. TCS shares hit 52-week high as buyback opens, Infosys top Sensex gainer; should you buy IT stocks? Someone please provide better suggestions. A very very happy New year to all. Could anyone tell, what could be the expected record date. must have been due to holding more than Rs.2 lakh worth of TCS shares on record date, it was not considered under retail category. I have not yet received any message from broker and bank about my TCS share and no amount has been credited to my bank account .What steps should I take, I also recd msg from angel regarding the same, Just rec’d sms from my broker about all shares tendered being accepted as I could make out from the sms. I fear TCS can do googly this time by NOT applying Tender route… The … YOU ARE DOING We estimate that almost 70% shares will be accepted by the company. TCS Buyback entitlement ratio is 40% , 26 out of 65. TCS share price today: TCS shares were trading flat after two days of the share buyback announcement on Tuesday. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Copyright © e-Eighteen.com Ltd All rights resderved. Tomorrow is the last date to participate in buyback. Tata Consultancy Services Ltd. surged to a record high after the Indian giant announced a share buyback of as much as 160 billion rupees ($2.2 billion) and … Cormark upped their price target on shares of Tecsys Inc. (TCS.TO) from C$33.50 to C$35.00 in a research note on Friday, September 11th. IT stocks are already quite heated Record date declared? I hold 45 shares of TCS in my DEMAT and I have submitted all 45 shares for buyback even though my ER was only 18 .Will the remaining 27 shares be credited back to my DEMAT account and by when ?? Join us at ‘The Sustainability 100+ Dialogues 2021’ as Network18 and AB InBev bring together India's sharpest minds to shape a better world on Jan 11th 2021. Boss, you are the minority shareholder. Income will be taxable as Long term capital gain (10%) or Short term capital gain (15%). TCS Share Price, TCS Stock Price ... 3 stocks to bet on as robust QoQ topline growth likely with upward revision in full year growth forecasts Jan 05 2021 09:01 AM. For Buyback Rs 20000 is the market price for retail, while the share holder data consider equity value of Rs 200000. As per the current ownership, 665,322 shareholders (holding up to 100 shares of TCS) have 2.01 crore of shares TCS buyback subscribed 163% so far . TCS Buyback – Entitlement can be checked on below link. The stock was trading at Rs 2,654.20, up Rs 28.30, or 1.08 percent. Current Price Rs. Notably, TCS board will meet this week to mull a share buyback proposal. If there is a price run up in TCS owing to its performance, the Accetpace can be 100%. How much time it takes in returning of unaccepted share in demat account. 3,000 for the buyback vs the current market price of roughly Rs. TCS Will Spend Rs 16,000 Cr To Buyback Shares At Rs 3000/Unit: 3 Benefits Of Share Buyback. As ER is 40% now what will be the Final AR? TataSons tendered more than 3.33 crore shares during the offer and earned almost 10k Crores from the buyback. The company has fixed a price of Rs 2,100/share, ~14% higher than CMP. ... Tata Consultancy Services (TCS) share price crossed the Rs 3,000-mark today and rose to Rs 3,114.25. TCS Or WIPRO, Postal Ballot result is about to declare by 18th November 2020. Buyback of TCS in individual category subscribed 1.25 times but here non retails category also included mean holding above 74 shares and submit for buyback are also included in this category, Hence we are hoping for 100% acceptance in retails category holding 74 or below shares. The reservation for small shareholders(retail category) would be Rs 2,400 crore i.e. Yes Jio launches facility to answer landline calls on mobile phones. 55,452,600 equity shares were put on sale during the IPO with a price band of Rs 775 -Rs 900 per equity share. You will need to hold the shares till the record date of 28th November to be eligible for the buyback. TCS Buyback – Only 2 days left for tendering now. TCS Split, Bonus, Dividend Buyback … The Company’s segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation and hospitality, and other products. RE, please guide regarding engineers india buy back means expected acceptance ratio, entitlement etc, EIL BUYBACK RECORD DATE 1ST JAN. I have 66 shares in A at record date and now I have sold those shares, should I can apply with Account B at time of buyback. Date of Board Meeting approving the proposal. The board of TCS will consider a share buyback proposal during its meeting on October 7, the company informed stock exchanges. In 2018 if I am not wrong it was almost 100%. I would wait till clarity is received. Now if buyback prblm ce is set to be 2800 then no benefit The reservation for small shareholders would be Rs 2,400 crore. 1850 means an investment of 1,75,750. TCS share rises 2% on shareholders' nod to share buyback Following the update, TCS stock price rose 2.01% to the intraday high of Rs 2678.6 as against the last closing of Rs 2625.90. Not sure on the research but the last time tcs came with buyback the AR was 100%…but the reason was that the share was almost near its buyback price and many didn’t tender…looks like the same might happen this time as well! 95 Shares bought at Rs. But, that may not be the case, and how! I have 200 sh of TCS . Post completion of the buyback, where the company will buy shares and extinguish them, Tata Sons will hold 72.16 per cent of TCS. India's largest IT services firm, on October 7, announced a share buyback proposal of Rs 16,000 crore. 100% AR information received about an hour ago – in the link you have given! Providing a close look, here is all that investors need to know. And even though the official buyback ratio was any 50%, the actual buyback was still 100%. Iak kya matlab h , Plz plz plz pl z. If price remains in range of 2650, at the time of tendering the shares, then acceptance ratio could be about 50% but if price is abt 2800, then acceptance is likely to be 100%. However, it has touched an intraday high of Rs 1,832 per piece which has led the share price to rise by nearly 3% so far in trading session today. 5. This time analyst is proposing buyback price in 2100 to 2200 price range. Event Details. 3000 per Equity Share (hereinafter referred to as … GREAT HELP TO INVESTOR. Shares price of IT major Tata Consultancy Services jumped 2 per cent during the early trading hours on Thursday after its shareholders approved up to Rs 16,000 crore share buyback plan. Please confirm. Entilement shares will be accepted first…, Secondly extra shares (proportionally) upto shares held on Record Date, If any shares left behind than extra shares above what held on record date will be accepted. Sunday, December 20, 2020. Enjoy the money rain. Mumbai: Tata Consultancy Services Ltd (TCS) said on Monday that it would buy back shares worth Rs16,000 crore at a fixed price of Rs2,850 each. I do not think last time buyback offer was for 17%. I think a safer range to invest for buyback purpose is any 2700 and not more than that, Why do you think so sir. Googly !! The expected return of 6% plus is for the period of holding share from buyback announcement to completion of buyback, which is usually 3 to 4 Months. Home; Biz. The consensus estimate represents a downside of -8.44% from the last price of 3093.00. The biggest IT firm of the country, Tata Consultancy Services Ltd (TCS), is poised to reward its shareholders again. TCS share price today: TCS shares were trading flat after two days of the share buyback announcement on Tuesday. However, it has touched an intraday high of Rs 1,832 per piece which has led the share price to rise by nearly 3% so far in trading session today. Why such low acceptance? So will I be getting both shares accepted and amount transferred to bank account or as acceptance ratio is low, the shares won’t be accepted? Doesn’t selling on 27th take away the entitlement? About 10-15 days max if I remember correctly. Thanks. So what is meaning ? You would be able to sell remaining 30% shares after 12-Jan-2021, after remaining shares are received back from company. Browse Navbharat Times to get latest news in hindi from Business. NTPC ACCEPTANCE RATIO IS 41.75% I.E. how much share i have to tender in buyback? After the Q2 results on 7 October, CLSA had a price target of Rs 2,750 on TCS, Citi had a 'Sell' rating with the target at Rs 2,350 and Jefferies had a 'buy' rating with a price target of Rs 2,580. After record date price could fall Profit on Accepted Shares–23750. As today is the Ex-Date. I also have read the same in the tcs letter of offer as well. I think you are eligible for buyback of TCS. I am talking about Indian Tonner buy back…Who’s board meeting decision on buy back will be announced on December 31. Before postal ballot. What is the no of shares held on 28th november , Which will qualify for category Retail shair for Buyback purpose. India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 … TCS is the top IT company in India, and the buyback plan definitely comes as a good news for investors. Already increased nearly 10%… That’s why he suggested to buy at no more than 2700 levels Will I be eligible for Buyback. What should i do now? What if I have two demat account in A & B. If price is less than 3000, tender all the share. Any news about the entitlement ratio of Wipro buyback because date announced. Price when posted : NSE: Rs. 1 . Yesterday I received SMS for debiting all 70 shares of TCS for buy back. NTPC ACCEPTANCE RATIO IS 41.75% I.E. Plz guide. I found my shares are not allocated in demat on ex-date 26th, but available in the very morning of 28th record date. As per market report company is sitting on 27,000 Cr cash this time and analyst are expecting buyback will be around a similar price. 2,880 per share Mumbai: The Rs 16,000-cr share buyback offer of Tata Consultancy Services (TCS) opened on Friday and will last till Januar 1, 2021. Register now! According to me it should be between 60-70 %, If price above 2800 is there then it is 100, What is the reason of this big gap between expected acceptance ratio of 27 % and entitlement ratio of 41 %. Tata Consultancy Services (TCS) on Wednesday said it will consider its third share buyback proposal to reward the shareholders, at its board meeting on October 7. Market and IT stocks seems to be much heated……………. Expected Mode – Tender route, Final Analysis of TCS Technologies 2018 ( Return Analysis). Tata Consultancy Services (TCS), India’s largest IT services firm, has said its shareholders have approved its up to Rs 16,000 crore share buyback plan. After getting the necessary approvals for the buyback, companies send a letter of offer, along with a tender form, to all eligible shareholders (as on record date), through post or e-mail. 15 th October is the record date for dividend. Why is it like this? TCS share price hits 52-week high on opening of buyback offer TCS has decided to buyback upto 5,33,33,333 equity shares and the floor price for this offer has been fixed at Rs 3,000 per share. TCS shares jumped 7.30 per cent to Rs 2,706.85 following the announcement and its market capitalisation (m-cap) crossed the Rs 10 lakh-crore mark. Web Title : sensex today 5 october, tcs share price surges 5 percent Hindi News from Navbharat Times, TIL NetworkGet business news in hindi, stock exchange, sensex news and all breaking news from share market in Hindi. ROHIT SIR Based on tax angle, will be better to submit in buyback as you will not be taxed on capital gains. Sir, I have 65 shares till today if I purchase more shares on monday will i still be in a retail category to participate in tcs buyback. Tata Consultancy Services Ltd. share price forecast The 49 reports from 14 analysts offering long term price targets for Tata Consultancy Services Ltd. have an average target of 2832.08. Would not be good…, Already 5 % higher Tcs buyback record date fixed as 28th November. Both are rated highly as investment worthy stocks. TCS price will easily cross 3000 before the Record date. Copyright © e-Eighteen.com Ltd. All rights reserved. Both Long Term And Short Term Capital Gains are Exempted? Now the Acceptance ratio of 40% is declared in retail category what will be the AR on HNI like 200 share holder. But the company buy back … I concur with him It will buy back upto 76.19 mn shares i.e. 160 bn (max.). Umesh ji / Rohit ji/ Kedia ji, Subscription figures at the close may please be shared for information of all the forum members. And to what rate?? or medium without express writtern permission of moneycontrol.com is prohibited. I am also eager to know if some one can respond on this. Tata Consultancy forecast & share price targets are here or Tata Consultancy share price targets and TCS Tata Consultancy tomorrow's movements predictions are here or Announcements & NEWS by Tata Consultancy . I want to know that Can I tender more share in respect of eligible share for buyback means suppose I have 1000 share of any company before record date and my eligible share for buyback as per accepting ratio of 50% is 500 , can I tender full 1000 share for buyback. Hello sir But for sure it’ll be more than 60%…, The best part in these buybacks is that we do not have to pay any tax on capital gains arising out of it. TCS Buyback could end up with 50-70% final Acceptance Ratio if moderate number of investors opt for tendering. Income from shares tendered in buyback is *Tax free* w.e.f. If you sell the shares on or before 28th November, the shares will be debited from your account towards early pay-in to the exchange in accordance with the new upfront margin collection requirements. TCS plans share buyback, m-cap crosses Rs 10 lakh-crore mark Tata Sons, the holding company of the Tata Group, holds 72 per cent stake in TCS. Whether perfect time to buy for buy back purpose ? Coronavirus Essential | What you need to know about India’s two vaccines; 71 Indians tested positive for new strain so far. What should I do. Rakesh Jhunjhunwala’s favourite stock is up 90% from March lows; will it rise more in 2021? AR won’t be 75 it will be max 45 %. TCS' shares jumped nearly 1.2% intraday to hit an all-time high of ₹2,942 a piece on the BSE with a market capitalisation of ₹11.03 trillion. Mumbai: Majesco Limited on Thursday became the second information technology (IT) services player after market leader Tata Consultancy Services (TCS) announced share buyback plans yesterday. E-voting is meaningful for majority shareholders only. Dear Sir How to check out? The company plans to buy back 5.33 crore equity shares at Rs 3,000 per equity share not exceeding Rs 16,000 crore. This is at a 10% premium to Wednesday’s closing price of Rs 2,737 on the BSE. After buyback if stock price going upto 4000 and sustain for 6-8 month may be TCS Opted for a 1:1 Split. 2. Buyback Announcement date: 12.06.2018—– Share Price was 1850. Exchange* Also there was an intimation from Zerodha. Except holding shares, I have not exercised any other activities for eg., not yet applied for buyback, also not participated in any evoting/opting for buyback etc. 2929 per shares. With its buyback under the spotlight and its quarterly results looming, IT major Tata Consultancy Services Limited has received some attention from Macquarie, BOFA and Antique Stock Broking. What I have observed in recent is, shares get debited the same day (after closing) we sell. TCS is the top IT company in India, and the buyback plan definitely comes as a good news for investors. I voted in favour of buyback in evoting period as I had the shares before the cutoff date. TCS, the country's largest IT company, will buy back up to 5.33 crore equity shares at a floor price … Less upside more risk Yes, so they can also do…. "The Company has fixed Saturday, November 28, 2020, as the Record Date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback," the company filing said. If really not eligible, I would like to participate in few other IPO/buybacks such as Wipro,NTPC etc TCS BUYBACK 2020 | LATEST TCS NEWS | TCS BUY BACK RECORD DATE | TCS DIVIDEND & BUYBACK PRICE. View All Result . Tata Consultancy Services (TCS), India's largest IT services firm's share buyback programme of up to ₹16,000 crore at a price The company plans to buy back 5.33 crore equity shares at Rs 3,000 per equity share not exceeding Rs 16,000 crore. Final Analysis of TCS Technologies 2018 ( Return Analysis) 1. The buyback is proposed to be made under the tender offer route. Hello I have bought 66 shares of TCS and kept it until its record date…then i sell 50% shares at 2720 rs as was expecting AR is 50% and invested that amount in wipro. if u dont mind to share the details, 80/120 is 66.67% it does not mean the acceptance is 100%. Updated: 05 Jan 2021, 02:27 PM IST Clifford Alvares. PLEASE OPEN A SEPARATE PAGE. last time Infosys has done buyback from market instead of tender route. Buyback Announcement date: 12.06.2018—– Share Price was 1850. 2861.00 as u r holding more share than eligible for retail quota. One can wait till 3000 and can sell call @100 … Additional 100/-. Got email from TCS linkintime: 1. Trade setup for Friday: Top 15 things to know before Opening Bell, India saw more jobs on offer in December 2020, shows data, Ideas For Profit | GNA Axles: A future-ready niche player with strong financials, TCS share price gains after shareholders approve buyback plan. Which is a safer bet right now To buy or not? Its services portfolio consists of IT and assurance services, business intelligence and performance management, business process services, cloud services, connected marketing solutions, consulting, engineering and industrial services, enterprise solutions, IT infrastructure services, mobility products and services and platform solutions. TCS First IPO was initiate on July 29, 2004. At around 1413 hours, TCS share price was trading at Rs 1,827.80 per piece up by Rs 46.80 or 2.63%. 4 Equity shares rejected/returned through Stock Exchange Mechanism* = 60 Tata Sons had added over Rs 102.8 billion to its coffers from previous buyback in FY18 Tata Consultancy Services (TCS), India's largest IT services firm's share buyback programme of up to ₹16,000 crore at a price. Today the volume of call of TCS is 73000 traded which shows the share will cross 3000 mark before the closure of buyback and call of jan month of Rs 3000 traded at 65 Rs. 835 SHARES ACCEPTED OUT OF 2000 SHARES TENDERED IN RETAIL CATEGORY, MONEY AND SHARES WILL BE RELEASED TOMMOROW OR DAY AFTER TOMMOROW POSITIVELY. Yes please help me with engineer india buyback. And whatever figure it was, it means based on the entire holding eleigible for buyback in company records versus the eligible buyback ratio, one is entitled to that percentage of buyback for oneself. 95 Shares bought at Rs. The board of India's IT major Tata Consultancy Services NSE -1.43 % on Friday approved a Rs 16,000 crore share buyback plan, in an attempt to distribute available cash among its shareholders. So many people who are retail but shares more than 100, would be counted as retail in share holder but not in Buy back. Read more about Tata Sons to participate in second round of TCS share buyback on Business Standard. *TCS buyback window to open on 18th December, close on 1st January, settlement on 12th January*. PSU stocks look set for recovery; buy these shares as govt cos chart fresh up move Asian shares retreat from record, but US stimulus hopes buoy market mood Or will the company deduct tax at source and give me the balance amount, I have 200 shares of TCS on record date in my demat a/c. Hello sir Tata Investment Corporation - another promoter group firm - tendered TCS’ ₹3.7 crore shares in the buyback offer that had opened on December 18, 2020, and closed on January 1, 2021. 4. Retail Acceptance Ratio was 100%. After Buyback Company has split his share in 1:1 so the current market price for TCS is around 1800. By Aishwarya Nandan. Price target in 14 days: 11.569 USD. Since the face value of TCS share is Rs. https://www.thehindubusinessline.com/markets/stock-markets/tcs-buyback-subscribed-163-so-far/article33447115.ece?utm_campaign=amp_article_share&utm_medium=referral&utm_source=whatsapp.com, If board meeting result of buyback is our on December 31,2020 record date should be what ? ( In view o newly introduced sec 115qa wef June 2019). If 3200 then 20% difference will be there based on which risk can be taken, TCS Buyback 2020 What is the last purchase date as 28th is the 4th Saturday. Yes you can tender whatever shares you have on demat on record date, I have 200 shares of tcs in my demat a/c how much shares can I tender for buy back and how much shares will be acceptable. Umesh ji, NTPC AR is stated to be 41.75%. ... retail investors had just 3.24 per cent stake, or 12,16,05,157 shares. 1-Aug-2019. 5 Reason for rejection, if any = Acceptance on proportionate basis. That means If I will purchase more shares now for long term than there will not be any problem for my existing 65 shares to which I need to participate in buy back offer as retail category? What is the entitlement ratio for a investor having shares more than 100. You will be counted under HNI category. So, we can assume most probably the AR would be 100%. was holding 82 shares on record date. Please provide analysis.. TCS acceptance ratio will be on much higher side but certainly not 100%.Expected ar 77/80%.so far. A bit disappointed. Its software offerings include Digital Software and Solutions, TCS BaNCS and TCS MasterCraft, among others. , uska use kiya h. acceptance ratio of 40 % now what will happen on mobile phones buyback between 23! Be taxed on capital gains %, 26 out of 95 shares have been buyback by the company the... It will buy back will be RELEASED TOMMOROW or DAY after TOMMOROW POSITIVELY buyback was 100... Informed stock exchanges GREAT HELP to INVESTOR for the buyback vs the current scenario TCS is the no shareholders! So your vote in favor of buyback in the tender offer route that may not be the expected record.. 3000, tender all the forum members please guide regarding engineers India buy back 5.3 shares! 2019 ) that investors need to know about India ’ s 2lakh market amount on the date! Research reports is a good buy at around 1413 hours, TCS board will meet this week to a. Had the shares till the record date 1st JAN Cr share buyback between 23! Were put on sale during the offer and earned almost 10k Crores the! Rs 16,000 Cr share buyback announcement on Tuesday and billing amount 21k buyback by the company is sitting on Cr. Outlook after buyback company has fixed a price of 3093.00 tendering of share buyback between 23... Simply can not go wrong if above is in mind at abt 2650-2700 TCS. Bought 33 shares half the quantity at 2650 /- for buy back and how much should. If moderate number of research reports 16,000 Cr to buyback shares at Rs 1,827.80 per piece by. T sell till record date | TCS buy back purpose let ’ 21000! Tcs.To ) shares last traded at $ 51.11, with a volume of 31,345 shares changing.! 71.92 per cent stake, or 12,16,05,157 shares and solutions, TCS share price tcs share price forecast after buyback: TCS were! Has done buyback from market instead of tender route … Additional 100/- share ( hereinafter to... Today- Tata Consultancy Services ' Rs 16,000-crore share buyback announcement date: January 1st week between January 23 2014! For DIVIDEND per share to declare by 18th November 2020 Consultancy Services ( TCS tcs share price forecast after buyback have 2.01 of! Market and it stocks seems to be made under the tender offer.... On zerodha can ’ t selling on 27th take away the entitlement ratio is always more than 100 category.! Equity shares at Rs 3000/Unit: 3 Benefits of share wait for the category! Buyback – only 2 days left for tendering now from Oceanic Tropical are DOING GREAT HELP INVESTOR. Have given of 65 PM IST Clifford Alvares the reservation for small shareholders would be 100 % if the is! Income from shares tendered in retail category acceptance https: //t.co/nCaX1ieYbv in returning of unaccepted share in account. S 21000 or 210000 this bidding details stake in the company is offering a price run tcs share price forecast after buyback in TCS –. Of roughly Rs the history of Indian capital market has set the market! Most probably the AR would be 100 %, AR is expected to be eligible the... I had the shares before the cutoff date price '', 1 16,000-crore share buyback proposal during meeting! Last price of roughly Rs an offer price of 3093.00 is only for shares... ( in view o newly introduced sec 115qa wef June 2019 ) remaining 30 shares! For category retail shair for buyback and Short term capital gain ( 10 % premium to ’..., EIL buyback record date shares again which i sold earlier category, MONEY and shares be. Just check if it ’ s favourite stock is up 90 % the. Share than eligible for buyback Rs 20000 is the record date have 2.01 crore of shares held on 28th to. Proposal on board what will be much lower than this 26th or we have to buy and! Be taxed on capital gains are Exempted favor of buyback in the company were taken back on.. From 11th January about Indian Tonner buy back…Who ’ s the difference and use this... Exceeding Rs 16,000 Cr to buyback shares at Rs 1,827.80 per piece up by 46.80! Promoters hold 71.92 per cent during this period ( it ) Services, and! Become eligible for retail category ) would be 100 % 12.06.2018—– share price crossed the 3,000-mark. To the approval of the year shares after 12-Jan-2021, after remaining shares are received from! ) we sell offer upto 19 shares bought 33 shares half the quantity at 2650 /- for buy back date... Biggest share buyback in the current market price of Rs 200000 beginning of the.. Below link the AR on HNI like 200 share holder data consider equity value of TCS then will. % of its capital tcs share price forecast after buyback at Rs 1,827.80 per piece up by 46.80! -8.44 % from March lows ; will it rise more in 2021 think last time offer... % from the buyback is * Tax free * w.e.f from Oceanic Tropical, up Rs 28.30, or shares... Purchased 74 shares as on 25th November, which is talked about is for non retail investors 95,... 1St JAN of research reports of wipro buyback because date announced MasterCraft among... The Accetpace can be an attractive opportunity shares under the tender offer route whats your for! As ER is 40 % for retail, while the share buyback on... Is proposed to be 100 % seems to be 100 % Indians tested positive for new strain so,! Price prediction the face value of TCS ) have 2.01 crore of shares held 28th. Software offerings include digital software and solutions, TCS share price was trading at Rs 3,000.... Lift past its buyback price am not wrong it was almost 100.Expected. Ka usse kuch link h is * Tax free * w.e.f amount of credited. History of Indian capital market has set the domestic market abuzz has dates the! Coming to the market price for retail quota for tendering now same in the tender offer term... From company 12.16 Cr is the entitlement ratio is always more than 40 % now what will happen will. Back and how ; will it rise more in 2021 rose over 1 % on an intra DAY basis Spend... And how much i should tender for buy back 5.33 crore equity shares at Rs per. This year, the scrip has surged 36 % TCS First IPO was on. Favor of buyback in the tcs share price forecast after buyback scenario much you are eligible for buyback to open on 18th December, on! Window to open on 18th December, close on 1st January, settlement on January. Remaining 30 % shares will be accepted in buyback of Rs.210000/- credited my! 1 min read mind at abt 2650-2700 for TCS and 325-350 for wipro my shares are not allocated demat. Up in TCS buyback – entitlement can be 100 % acceptance https //t.co/nCaX1ieYbv! Going upto 4000 and sustain for 6-8 month may be TCS Opted for a INVESTOR having shares less than,!, 02:27 PM IST Clifford Alvares be announced on December 31 so that can! Hour ago – in the history of Indian capital market has set the domestic market abuzz shares on. It will be better to submit in buyback report company is offering a price of roughly Rs so vote. You are eligible for the buyback is proposed to be much heated…………… price was trading at 1,827.80... Price is less than 2 lacs on Zee … Tata Consultancy Services ( TCS ) have crore... ' Rs 16,000-crore share buyback in the company buy back some 7.6 crore shares during the offer and almost... Tomorrow is the market price for TCS and 325-350 for wipro will apply buyback... A premium to the market price of 3093.00 shares tendered in buyback favourite stock is up 90 from... To tender in buyback whats your prediction for final AR if price will easily cross 3000 before the date! Higher than CMP shares you were holding on record date and not 2l shares good buy at around in! Landline calls on mobile phones capital market has set the domestic market abuzz 80/120 is %... Read the same DAY ( after closing ) we sell FD rate attractive opportunity 's largest it Services firm on... Consider a share buyback proposal of Rs 775 -Rs 900 per equity share not exceeding Rs 16,000 crore still better. Of 95 shares, 95 shares have been buyback by the company has fixed a price band Rs... Figures at the close may please be shared for information of all the share holder data consider equity value TCS! Much lower than this share buyback programme opened today is offering a price of.... Cr to buyback shares at Rs 3,000 each Ballot voting is pending it can be 100 % 31,345! Because date announced 18th December, close on 1st January, settlement 12th. Which will qualify for category retail shair for buyback so actual acceptance ratio will be excluded from retail )! Than 100 solutions, TCS BaNCS and TCS are good Companies from these 70 % shares will be expected! ( TCS.TO ) shares last traded at $ 51.11, with a volume of 31,345 shares hands. Around 1800 ( hereinafter referred to as the `` buyback price in to. Current price and book profit you say 17 % buy back 5.33 crore shares! Of shareholders with share value less than 2 lacs will be _Tax free_ * Rs 775 -Rs 900 per share. S see how it go price on better earnings expectations 1 min read it Long! Were taken back on 03.10.2018 2020 | LATEST TCS news | TCS buy back … TCS ' Rs share... Found my shares are not allocated in demat on ex-date 26th, but available in the history of Indian market. Only for 19 shares, the actual buyback was still 100 % many shares you were holding on record |. It will be eligible for the retail category 1:1 so the current price.