Market expert SP Tulsian has a positive view on HCL Technologies and other larger IT companies.
India's fourth largest software services firm, HCL Technologies, on Thursday said its board approved a buyback of 3.6 crore shares of the company for a total consideration not exceeding Rs 4,000 crore. The buyback price of per share is Rs 1,100.
“I am not very excited with the buyback price of Rs 1,100 but we have been keeping the positive view on the HCL Technologies among the larger IT companies,” said Tulsian.
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