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Tata Consultancy Services Buyback 2023

Yes, it is entirely possible, it can be postponed or it can just reduce ER and AR.

Tata Consultancy Services Buyback 2023

will be accepted

Tata Consultancy Services Buyback 2023

Last traded price on the record date on the exchange where there is relatively higher volume of the stock..

Tata Consultancy Services Buyback 2023

@KAMMA SIVA RAMA KRISHNA ji, Sir, what are your views on this, what could be the final AR in this case? Did you participate in any earlier buybacks of this company, and what was the AR in that case?

Tata Consultancy Services Buyback 2023

Yes Siva ji

Both time and price correction happened and that's why I think worst has already been priced in
Have already bought in one account(2l) at average price of 3500 and had 40 shares in another(previous buyback), waiting for more correction to buy more

So participating in this

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Tata Consultancy Services Buyback 2023

@KAMMA SIVA RAMA KRISHNA Ji, I bought 20 shares @3800 earlier. As of now, the price has come down to the territory of 3350. Would you recommend any strategy to cut down the overall loss at this price? Shall we go for averaging out or some other strategy to get the buyback benefits? Thanks in advance!

Tata Consultancy Services Buyback 2023

Bought some more today
Now in both the accounts 2lakh worth of shares
Let's see where it bottoms out

@techuser
Although you have asked Siva ji, I read your query and thought I will answer, it might help

If you need money urgently and there is no option, yes, go ahead and liquidate

Else, sir tight, hold the shares, nobody can predict where it will bottom out but 3350 would be an excellent price for TCS to hold(if you sell it now, you only get this price), tender your shares once the buyback opens and hold the unaccepted shares for long term, I don't think TCS can fall much from here(5-10% fall should not be alarming for a long term investor and I don't expect TCS to fall more than 10% here)


Rest Siva ji can explain if he feels differently

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Tata Consultancy Services Buyback 2023

@Aaashish ji, Thanks a lot for your insightful views on this.

Tata Consultancy Services Buyback 2023

Maulik, it will be declared by the company after the buyback is over, it is called AR (acceptance ratio).
It depends on many factors the share price, no of people tendering and how many shares were tendered..etc..

Tata Consultancy Services Buyback 2023

@Maulik ji, The AR for the previous year was significantly lower, at approximately 20%. I'm concerned that we may experience a similar situation this time. Considering this, it's likely that out of your 48 shares, approximately 8 to 10 may be repurchased. Nevertheless, let's remain hopeful for a better outcome.