Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?

SIS shares surged 12% to a fresh 52-week high of Rs 480.95 after the company intimated stock exchanges about an upcoming board meeting on July 1, 2026, with the market anticipating a buyback announcement. The company has a track record of buybacks, having executed a Rs 150 crore buyback in 2025 and similar exercises in 2023, 2022, and 2021. In FY26, SIS posted consolidated revenue growth of over 21% to Rs 15,982 crore and EBITDA growth of 19% to Rs 717 crore, with operating profit up about 24% to Rs 392 crore.