Bengaluru, Sept. 9 -- India's second-largest IT company is in focus as it holds a board meeting on Thursday to discuss a proposal of share buyback, potentially worth Rs. 13,560 crore at an average premium of 25 percent.

With the market capitalization of Rs. 6,22,781.65 crore, the shares of Infosys Ltd trading at Rs. 1,499.60, up by 4.65 percent from its previous day's close price of Rs. 1,432.90 per equity share, and it has reached an intraday high of Rs. 1,502.80.

What's the News? According to sources, Infosys will consider its first share buyback in three years at a board meeting on September 11, 2025, potentially worth Rs. 13,560 crore at an average premium of 25 percent.

The tech major typically uses around 30 percent of its cash a...