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Business News: TCS shares traded higher on buyback offer

India’s largest IT big Tata Consultancy Providers (TCS) noticed its inventory rise over 3 per cent on Monday after the corporate introduced that its board of administrators will meet on January 12 to debate a share buyback plan. TCS inventory opened the buying and selling session on Monday. At Rs 3974, up 3.09 per cent from the shut of Rs 3854.85 of the earlier session. TCS touched a excessive of Rs 3979.90 in morning commerce.

Shares of TCS had been buying and selling at Rs 3,893.35 within the Durin mid-afternoon session on the Nationwide Inventory Change (NSE), up Rs 39.85 or 1.03 per cent from the earlier session’s closing worth of Rs 3,853.50. Share worth of India’s largest IT agency soared on Monday following the announcement of share buyback programme.


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