Shares of Infosys, India’s second-largest IT services company, rallied sharply on Tuesday after the firm announced that its board will soon review a buyback proposal. The stock gained more than 4 per cent, reversing a five-day losing streak.
On the BSE, Infosys opened higher at ₹1,480, up 3.07 per cent from the previous close of ₹1,432.65, and later touched an intraday high of ₹1,497.95, reflecting a 4.42 per cent rise. The counter also recorded an intraday low of ₹1,472.60 during the session. On the NSE, the stock began at ₹1,481 and moved between ₹1,496.30 and ₹1,472.50.
From a technical standpoint, the stock is currently trading above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day averages.
Board to Weigh Buyback on September 11
In a filing to the stock exchanges, Infosys said that its board will consider the buyback proposal on September 11, 2025. The company did not disclose further details about the potential buyback, which will be in line with SEBI’s Buy-Back of Securities Regulations, 2018.
Infosys last carried out a share buyback in 2022, worth ₹9,300 crore, through the open market route at a maximum price of ₹1,850 per share.
Long-Term Performance
Over the past decade, Infosys shares have delivered a strong return of 175 per cent, according to BSE Analytics. The stock has risen 61 per cent in the past five years, 1.86 per cent in the last two years, but has declined nearly 21 per cent in the last one year.
The buyback decision is being closely watched by investors as it could boost shareholder value and lend support to the stock, which has seen a correction over the past year.
