If you want to make good profits in the short term from the stock market, then there is good news for you. Tata Group's IT giant Tata Consultancy Services (TCS) has announced share buyback. That is, the company wants to buy back the shares from its shareholders at a substantial premium. TCS has brought a buyback offer of Rs 18,000 crore. In this, the company will buy 4 crore equity shares from its shareholders at the rate of Rs 4500 per share.
In this way, at the current price of the share, investors can make a profit of about 20 percent in the short term.