Business
Wipro’s Rs 15,000-crore share buyback offer will open on June 11 and close on June 17, with the IT major setting the buyback price at Rs 250 per equity share. Wipro Share Buyback Details The company will buy back up to 60 crore equity shares through the tender offer route. The record date for
Business
Wipro shares rose nearly 5% as investors tracked the company’s upcoming ₹15,000 crore share buyback, with the record date set for June 5, 2026. Wipro Share Buyback Record Date Wipro has fixed June 5, 2026 as the record date for its ₹15,000 crore share buyback. Shareholders holding Wipro shares as of the record date will […]
Business
Wipro Falls Despite Rs 15,000 Crore Buyback Wipro shares fell sharply after the company announced its March quarter results and unveiled a Rs 15,000 crore buyback plan. The stock dropped as investors looked beyond the buyback and focused on weaker profit growth, soft near-term guidance and continuing concerns over demand in the IT services business. […]
Business
Wipro Ltd reported a consolidated net profit of ₹3,246 crore in Q2 FY26, up 1.2% from ₹3,209 crore a year earlier. The figure fell short of street expectations. Revenue and guidance The company expects Q3 IT services revenue to be between USD 2.59 billion and 2.64 billion. Deal bookings reportedly jumped by 91% in the […]