TCS Market Buzz

FCF for FY22e Rs33,000 cr

~85% payout is generally committed so total payout can be ~30k cr

Dividend worth Rs5000cr is already paid, which leaves room for another 25-28kcr even assuming 100% payout. 

Thus, Buyback size expected at 20,000cr (~1.5% if equity) and this would leave room for further dividend of Rs15-Rs20 for H2 overall.

You can make money on daily basis using our bank nifty option tips with a small capital of Rs 5000 every day.