Infosys buyback: What past offers reveal about investor sentiment and future stock direction

As the record date for Infosys ₹18,000 crore share buyback is expected to be announced in the coming weeks, the company’s shares continue to trade sideways. Although the stock showed some strength in recent sessions, it still hovers near a six-month low.

The board approved the buyback proposal earlier in September, its first in nearly three years, which initially sparked a brief recovery in the stock. However, the momentum soon faded, with shares slipping to their lowest level since August last week.