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#417 Daily Money Show | Stock Market News

Original: # 417 Daily Money Show | Money Purse Stock Market News

47.7K views · Oct 14, 2022 · 14:00 min · Watch on YouTube ↗
Takeaway

Infosys buyback at Rs 850 is open-market, not tender — so don't expect guaranteed acceptance.

Summary

  • Infosys Q2 results: operating margins +2.1% YoY, +1.4% QoQ; attrition down to 27.1%
  • Infosys added new clients — active client count 1,779; segment-wise revenue momentum sound
  • Infosys buyback at Rs 850 via open market route — proportional acceptance for all shareholders
  • Comments corner: 25 Oct record date for buyback — host explains there's no 'guaranteed' arbitrage gain
infosysbuybackIT
Original description
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