Infosys shares see some gains today amidst broader IT selling

IT stocks continue to lose today after the H1-B visa fee hike hit. But Infosys’ shares are seeing some rise. At 12:50 p.m. IST, 23^rd September, 2025, the stock price is up by 0.23%, trading at Rs 1,503. Nifty 50 index is down by 0.078% at this time. Nifty IT index is down by 0.46% at this time.

Infosys’ share buyback

Infosys’ shares are seeing some gains today probably because of the share buyback announced by the company on September 11th. The company will buy Rs 18000 crore worth of its shares at a price of Rs 1800 per share. The price is a premium of 19% over its prevailing market price on the day of announcement of the buyback. The record date for the buyback has still not been announced. Those who own the shares of the company on the record date will be eligible for tendering their shares in the buyback.

Some buying demand is being seen in the stock today

Some buying demand is being seen in the stock today as many investors want to profit from the buyback. The current market price of Rs 1,502 is much below the buyback price. It needs to be noted that not every share offered will be accepted by the company in the buyback. Usually, companies accept shares tendered in a buyback on a pro rata basis when the number of shares tendered is more than the number of shares  the company wants to buy in the buyback. Infosys’s share buyback will not exceed purchase of more than 10 crore shares by the company. Due to the headwinds and uncertainty that the Indian IT sector is facing, much larger number of shares are expected to be tendered by shareholders in the buyback than the company wants to buy back.

Infosys shares have underperformed this year

In the past 5 days, Infosys shares have lost 1.23%. This after US government increased H1-B visa fee to $100,000 from $2000 – $5000. This higher fee will be applicable for the next 12 months. It is expected to hit the expansion plans of Infosys and other IT companies.

Year-to-date (YTD) Infosys shares have lost 20.09%. In the same period, Nifty 50 index has gained 6.06%. So Infosys’ stock has underperformed the benchmark Nifty 50 index by more than 26% this year.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE