ReferIndia News Buyback boom gains pace as firms deploy excess cash; tech, pharma may lead: Equirus Capital

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Buyback boom gains pace as firms deploy excess cash; tech, pharma may lead: Equirus Capital

Published on: May 22, 2026, 11:48 a.m. | Source: CNBC TV18

Bhavesh Shah, Managing Director and Head of Investment Banking at Equirus Capital, expects cash-rich companies, particularly in the technology and pharma sectors, to lead the next wave of buybacks, while promoter taxation could shape capital allocation decisions.

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