What will be probable acceptance ratio in tcs buy back.can I purchase 44 share.if minimum acceptance is 4 shares than what is chance of Tcs share after buy back
I think AR could be around 40 to 50% as many people are participating in buyback and share price is also at 3694. There is good 800 rs per price and assuming 50% AR we will get 16K to 17K per profit. After buyback, price will increase as floating stock will reduce and also TCS is #1 IT company and long term portfolio stock.