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Wipro shares see 9-day rally: Here we decode why

Wipro shares have extended their rally for nine consecutive sessions, gaining 4% in one month despite a 23% year-to-date decline.

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newsbytesapp.comStai leggendo12 h fa

Wipro shares see 9-day rally: Here we decode why

Wipro shares have extended their rally for nine consecutive sessions, gaining 4% in one month despite a 23% year-to-date decline.

originale

economictimes.indiatimes.com1 g fa

Wipro's Rs 15,000 crore share buyback at 23% premium: Should you buy before record date?

Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share (23% premium), with June 5 as record date, targeting up to 60 crore shares (5.7% of paid-up capital) via tender route. Retail investors with small holdings face an estimated 50–60% acceptance ratio, making this a tactical short-term play with 11–13% pre-tax return potential rather than a structural signal on Wipro's IT business outlook.

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Timeline cronologica

lunedì 25 maggio 2026·economictimes.indiatimes.com
Wipro's Rs 15,000 crore share buyback at 23% premium: Should you buy before record date?
Wipro has announced a Rs 15,000 crore share buyback. The record date is June 5, with shares to be repurchased at Rs 250 each. This offers a premium to investors. Analysts suggest…
martedì 26 maggio 2026·newsbytesapp.com
Wipro shares see 9-day rally: Here we decode why
Wipro shares have extended their rally for nine consecutive sessions, gaining 4% in one month despite a 23% year-to-date decline.