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#45 Daily Money Show | Money Purse Stock Market News
Original: # 45 Daily Money Show | Money Purse Stock Market News
Takeaway
Company announced strong margin growth and a massive Rs 9,200 crore buyback at Rs 1,750/share — major shareholder return.
Summary
- Company delivered 30.7% EBITDA growth with 330 basis points margin improvement.
- Profit after tax up 17.5%; massive free cash flow generation reported.
- Capital allocation announcement: Rs 9,200 crore buyback at Rs 1,750 per share announced.
- Buyback amount represents significant return to shareholders.
- Brief market wrap focused on results and buyback announcement.
market newsbuybackresults
Original description
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