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Transport Corp announces ₹960 share buyback and $2 million investment

after close1 source ↓written by the desknot a recommendation

buyback
₹150 crore
buyback
₹960 per share
in a new
$2 million

Transport Corporation of India Ltd. (TCI) approved a ₹150 crore buyback at ₹960 per share, excluding promoters. Additionally, TCI is investing $2 million in a new wholly owned subsidiary in China to enhance cross-border logistics between India and the Far East. This strategic move aims to strengthen TCI's market position in the region.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Sept 2026, 16:01 IST.

Sourcesnews.google.com

The market after the news

TCI closed +0.4% on the day of the news, from ₹868.70 to ₹872.50; Nifty −0.4% over the same session.

Bulletin at 16:01 IST on 29 Sept 2026. Every change is measured from ₹868.70, the last close before it, on 29 Sept. Nifty 50 is measured over the same sessions.

  • TCI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
TCI closes around the bulletin against the close before the news, with Nifty 50 rebased to it728.67868.701009axis spans 38%before the news · 29 Sept868.70Nifty 50TCIbulletinD0+123 Sept28 Sept1 OctReference close ₹868.70. 7 sessions from 23 Sept to 1 Oct; the price axis spans 38 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before29 Sept₹868.70basebase
On the day30 Sept₹872.50▲ +0.4%▼ −0.4%+0.9 pp difference
+1 session1 Oct₹877.10▲ +1.0%▼ −1.3%+2.3 pp difference
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▲ +0.6%+5.30 on 30 Sept
Day's range, % · ₹
2.4%≈ 21 high to low
Volume on the day
0.44×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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