Transport Corporation of India has submitted with the exchanges the Letter of Offer pursuant to buyback through tender offer route
Transport Corporation of India (TCI) said it has submitted with the exchanges the Letter of Offer pursuant to buyback through tender offer route. The company is valued at about ₹6,542 crore.
What happened
Transport Corporation of India (TCI) told the exchanges on 12 October 2026 at 09:07 PM that it has submitted with the exchanges the Letter of Offer pursuant to buyback through tender offer route.
Company snapshot
Transport Corporation of India is a small-cap company, with a market value of about ₹6,542 crore.
The stock last traded at ₹851.5, against a 52-week range of ₹797–₹1,242 (31.4% below the high).
Before this filing the shares had moved −0.6% over the month and −8.0% over three months. Average daily turnover over the last 20 sessions was about ₹31.31 crore.
Promoters held 68.66% at the end of Q1 FY27, down 0.07% points from the previous quarter. Foreign institutions owned 3.04% and domestic institutions 12.70%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,139 | 106.5 | 13.9 |
| Q2 FY26 | 1,205 | 112.6 | 14.69 |
| Q3 FY26 | 1,249 | 114.7 | 14.96 |
| Q4 FY26 | 1,324 | 124.5 | 16.12 |
| Q1 FY27 | 1,249 | 106.6 | 13.77 |
What history shows
BCEIE's records show 9 previous buyback filings from the company since May 2026.
After those filings, the stock gained 1.1% on average the next trading day and was up 1.9% on average after five days (9 filings with price data).
Market-wide, 275 buyback filings with an impact score of 50 or more saw an average next-day move of 0.0%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Oct 2026 | Submission of Corrigendum to Public Announcement for Buyback of… | +0.5% | +0.5% |
| 1 Oct 2026 | Submission of Corrigendum to Public Announcement for Buyback of… | +0.5% | +0.5% |
| 30 Sept 2026 | 'Submission of Board Resolution for Buyback of fully paid-equity… | +0.5% | +0.5% |
| 30 Sept 2026 | Submission of Public Announcement for Buyback of fully paid equity… | +0.5% | +0.5% |
| 29 Sept 2026 | Promoter Group of the Company, have communicated their intention to… | +1.0% | +1.9% |
In the news
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Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.