48 companies spent Rs 48,079 crore on buying back their stocks in 2023, according to data from Prime Database. Like Apple in the US, IT giant TCS in India has spent the most on buying back its shares over the past decade. Most firms that have gone for buybacks are typically from the cash-generating and low capex sectors such as IT, FMCG and pharma. Here’s a look at companies that spent the highest amount on buying back their shares:
The gamification of India’s investment landscape decoded
India’s retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to
November 15, 2024