share buybacks: Companies race against taxing times to give buyback call

share buybacks: Companies race against taxing times to give buyback call

Mumbai: Companies are moving swiftly to buy back shares before new tax rules proposed in the budget take effect on October 1. This will tax the buyback amount in the hands of shareholders as per their tax slabs. Currently, such transactions are taxed at about 23% at the company level. Within just the three weeks … Read more

Symphony among 7 companies that announced share buyback this week – Raining Buybacks

Symphony among 7 companies that announced share buyback this week – Raining Buybacks

Indian Railway Finance Corporation Share Price 179.79 03:59 PM | 9 Aug 2024 -1.13(-0.63%) One97 Communications Share Price 510.85 03:59 PM | 9 Aug 2024 2.36(0.47%) YES Bank Share Price 23.94 03:59 PM | 9 Aug 2024 0.02(0.09%) ITC Share Price 495.9 03:59 PM | 9 Aug 2024 1.15(0.24%) HDFC Bank Share Price 1650.2 03:59 … Read more

apollo tyres shares: Big movers on D-Street: What should investors do with Symphony, Apollo Tyres and Shree Cement?

apollo tyres shares: Big movers on D-Street: What should investors do with Symphony, Apollo Tyres and Shree Cement?

Benchmark indices closed nearly 1% down on Thursday after the Reserve Bank decided to keep the policy rate unchanged for the ninth time in a row. Stocks that were in focus include names like Symphony, which rose 10.35%, Apollo Tyres, which fell 1.48%, and Shree Cement, whose shares declined 3.66% on Thursday. Here’s what Kushal … Read more