Infosys buyback: Good deal for small shareholders
The gains depend on how many investors tender their shares in the offer
At the current price, Infosys’ buyback offers a good arbitrage opportunity for small shareholders. But given that the stock may see a relief rally on Monday with Nandan Nilekani returning and joining as the non-executive chairman, arbitrageurs may need to watch out, if the stock moves beyond ₹1,000. The acceptance ratio in the offer is likely to be about 60 per cent as the small shareholders have ...
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