Shares of Tata Investment Corporation on Monday jumped as much as 7.85 per cent to Rs 889.95, their highest since June 20 this year
The company said on Friday that it approved proposal to buy back up to 45 lakh shares worth up to Rs 450 crore.
About 358,097 shares changed hands against the 30-day moving average of about 51,887 shares
The stock was down about 7 per cent this year, as of last close.