TCS shares hit 52-week high as IT firm to consider share buyback on October 11

Shares of Tata Consultancy Services (TCS) surged 1.7% to hit a new 52-week high of Rs 3,680 in Monday’s trade after the IT major announced its plans to consider a share buyback, along with its July-September results on October 11.

If approved, this will be the fifth time the technology bellwether will be conducting a share buyback program.