Spending Rs11,200 crore on buyback will only create a temporary bump in prices which will be used by some for exit. Infosys has to think about shareholders who would stay with the company post buyback.
Vivek Sharma
Infosys is in the news and for a novel reason this time. After experiencing tumultuous times recently, the company has hogged the limelight because of a buyback proposition mooted by some former top level executives.