surged over 4 per cent on Tuesday after the IT major announced board meeting on September 11, 2025, to consider the buyback issue.
On approval, this will be the company’s first buyback of shares since 2022.
Market expert Devarsh Vakil, Head of Prime Research at HDFC Securities, said, “This decision comes at a crucial time when technology stocks face headwinds, and the buyback may provide much-needed support to investor confidence.”
At 10.29 am, the stock increased 4 per cent to a high of ₹1,494 on the and to ₹1,495 on the . The mcap stood at ₹6.20 lakh crore, as per the NSE.
This has further lifted the IT index. Nifty IT index rose over 2 per cent with Infosys, Wipro, Tech Mahindra, HCL Tech and Coforge trading as major gainers at the time of writing.
In a separate stock exchange filing on Tuesday, the IT major informed that its arm Infosys Finacle, part of EdgeVerve Systems, and PT Bank CTBC Indonesia (Bank CTBC Indonesia), subsidiary of the CTBC Group, Taiwan, announced the deployment of finacle digital banking solution suite on a cloud hosted model.