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Market move▲ Bullish for TCI
Transport Corporation of India shares surge as board considers buyback
The brief
- The board will consider a buyback proposal on September 29, 2026
- Shares rose 13.12% to ₹942.95
- A potential buyback supports sentiment for TCI shareholders in the logistics sector
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| TCI | Fri, 25 Sept | +6.0% | +5.7% | 218× | +6.0% · Nifty +0.3% |
✓ Classifier read this as positive; TCI rose 5.7% against the Nifty on the day it traded.
TCI buyback proposal
Transport Corporation of India shares rose as much as 14%–15% after the company said its board would consider a share buyback proposal on September 29.
Friday, 25 September
- Transport Corporation of India shares surge as board considers buyback