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It comes as increasing numbers of people are arriving at South East hospitals malnourished.
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Infosys shares jumped 3% to Rs 1,531 on 19 November as the company announced its Rs 18,000 crore buyback opening on 20 November. The tender offer allows repurchase at Rs 1,800 per share, with entitlements set for small and other shareholders. The process closes on 26 November, marking Infosys first tender buyback since 2017.
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Indian IPO markets are witnessing significant gains, with Groww crossing a 1 lakh crore market cap. Experts note rich valuations for platforms like Groww and PhysicsWallah, suggesting a long-term investment focus due to low equity penetration and sector tailwinds, despite valuations running ahead of fundamentals.
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