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Ajanta Pharma s Rs 285 crore share buyback can yield up to 6% return for retail investors

Ajanta Pharma has fixed May 30 as the record date for its buyback of 0.82% of the aggregate paid-up share capital of the company at Rs 2,770 per share. The pharma stock was trading at Rs 2,399.55, up 1% on BSE around 1:30 pm on Monday.

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Bajaj Auto stock zooms 5%, but most investors may not get Rs 10,000 share buyback bonanza

As for the retail shareholders, initial calculations show a possible acceptance ratio in the range of 4-10 percent

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Buy Tata Consultancy Services; target of Rs 4200 Sharekhan

Sharekhan is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 4200 in its research report dated November 29, 2023.

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Piramal Enterprises shares tank 8% as profit falls; announces Rs 1750 cr stock buyback

Piramal Enterprises shares tank 8% as profit falls; announces Rs 1750 cr stock buyback
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Mint Explainer: When and why do companies buy back their shares?

Share buybacks are a tax-efficient way of rewarding shareholders, but may also indicate the company lacks avenues for further growth

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