India, Sept. 9 -- The stock of Infosys Ltd. surged today on plans for its first share buyback proposal in nearly three years.

Infosys' share price rose as much as 3.96% over previous close to Rs.1,489.50 apiece on the BSE, even as the benchmark Sensex gained 300 points at the opening bell. That, lifted the Nifty IT index by nearly 2%.

On Monday (8 September 2025), Infosys announced that its board will meet on 11 September to consider a share buyback proposal, without providing any further details. The outcome of the board meeting will be disseminated to the stock exchanges.

The Bengaluru-headquartered had in 2022 announced a share buyback of Rs.9,300 crore via an open market route for a maximum price of Rs.1,850 per equity share.

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