Feedback Message Board

Expert’s opinion is reproduced below for information of the readers:
“TCS stock has already corrected significantly in the last month creating a favorable risk-reward opportunity for the traders and investors. We have seen an acceptance ratio of more than 70% in recent buybacks for retail investors however this time it could be a little lower as the majority of retail investors are likely to participate. The outlook for the sector and TCS is bullish despite short-term volatility therefore investors should take benefit of this buyback," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

Normal applicable brokerage n taxes/other charges will be deducted from the amount of the Buyback price.

More than charges, people shd think of tax benefits as there is no tax on a buyback income.