New Delhi, Sept. 10 -- IT giant Infosys share price continued to rally for second day straight on Wednesday. The IT giant stock rose as much as 2 per cent to Rs.1,532.70 apiece on September 10.

On Tuesday, the IT stock had jumped nearly 5 per cent apiece during the intraday session after the company announced that board will meet on September 11 to consider a proposal for buyback of fully paid-up equity shares.

If the board gives its approval, this would mark the first share buyback by India's second-largest IT company since 2022, when it had undertaken a Rs.9,300 crore buyback at a minimum price of Rs.1,850 per share.

"We would like to inform you that pursuant to Regulation 29(1)(b) of the Securities and Exchange Board of India (Listi...