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Infosys touches record low

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Mon, Aug 21, 2017

Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017. 

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