Big Names Like Infosys, Bajaj Auto Trade Below Buyback Price; 17 Companies Affected

• Infosys's ₹18,000 crore buyback at ₹1,800/share sees shares trading below ₹1,656.
• 17 companies, including Infosys, Tanla Platforms, and Bajaj Auto, have shares trading 9% to 57% below their buyback prices.
• Cera Sanitaryware's shares are 57% below its ₹12,000 buyback price, marking its first buyback.
• Market volatility, investor caution, and AI impact concerns are cited for the share price weakness.
• While buybacks typically signal confidence and boost EPS, current market conditions can prevent immediate price appreciation.

Why It Matters: Many major companies' shares are trading significantly below their announced buyback prices due to market factors.