Did Chandrasekaran act in the interest of Tata Sons, or TCS? The Noida-based firm had Rs Sector leader TCS and US-based Cognizant in February announced share buybacks to return surplus cash to shareholders. The Tata Group firm announced share buyback worth Rs 16, crore at a fixed price of Rs 2, each, a IT services provider Cognizant also announced buyback worth 3.

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On Friday too, the stock hit a 52 week high of Rs on thE NSE after it announced the buyback in a filing to the BSE. HCL Technologies stock hits new week high ahead of board meeting on buyback today.

The stock, which is listed on both NSE and BSE, rose to yearly high of level intraday. It opened at Rs level and hit intra day low of Rs on the BSE.

At hours, the stock was trading 0. The stock closed 0. This was the first buyback for the firm and among the largest in the Indian capital market.

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HCL Technologies HCL Technologies share buyback HCL Technologies stock NSE BSE Cognizant buyback TCS buyback. Previous Story CL Educate IPO opens today, aims to raise Rs crore.

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