TCS share buyback will not affect rating: S&P
Abhishek Dangra and Ashutosh Sharma, analysts at S&P said, "TCS' operations continue to perform in line with our expectations and support the rating. We believe TCS will maintain its net cash positive financial position, even if its offer for share repurchase were to be fully subscribed."
Ratings agency Standard & Poor (S&P) has said that Tata Consultancy Services (TCS) share buyback plan will not affect its rating. Photo: Official Website