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TCS, Infosys, Wipro In Green As Nifty IT Rises More Than 1% On US-Iran Peace Deal
The recovery in IT stocks comes just dafter the index shed over Rs. 50,000 crore in market capitalisation in first 15 minutes of trade on Friday.
Wipro Ltd down for fifth straight session
Wipro Ltd is quoting at Rs 177.33, down 0.89% on the day as on 13:19 IST on the NSE. The stock tumbled 31.69% in last one year as compared to a 6.57% slide in NIFTY and a 27.61% fall in the Nifty IT index.
Wipro buyback is live! Experts reveal the catch behind the 37% premium - Everything shareholders need to know
Wipro's ₹15,000 crore share buyback, priced at ₹250 per share, offers 37% premium over market value. The buyback, open until June 17, allows eligible shareholders to tender shares, with specific entitlement ratios for retail and general investors.
Wipro Buyback: IT Giant's Rs 15,000 Crore Offer Opens — How Much Could Shareholders Gain?
Wipro has planned to buy back around 60 crore shares at Rs 250 per share from eligible shareholders.In the last five trading sessions, Wipro stock fell more than 9%, while it has dropped over 30% in six months.
Wipro share buyback opens Thursday; stock hits 6-yr low, down 14% in 1 week
Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.
Wipro's Rs 15,000 crore buyback opens tomorrow: 10 key things to know before tendering shares
Wipro's substantial Rs 15,000 crore share buyback commences tomorrow, June 11, closing on June 17. Investors can tender shares at Rs 250 each, offering a significant premium. Small shareholders receive preferential treatment with a dedicated quota. This move aims to boost share value and utilize surplus cash, with promoters also participating.
Wipro's ₹15,000 crore buyback opens tomorrow: Should you tender your shares? Key details explained
Wipro's ₹15,000 crore share buyback opens on June 11 and closes on June 17, allowing the repurchase of 60 crore shares. The company faces challenges from AI disruption, leading to stock declines, but offers a premium of approximately 25% for participants.
Wipro buyback opens on June 11; here's everything investors need to know
According to the company's regulatory filing, Wipro's board has approved the repurchase of up to 60 crore fully paid-up equity shares with a face value of ₹2 each.
Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?
Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38% premium to the stock's previous closing price of Rs 181.67. The buyback, open from June 10 to June 17.
NDTV Profit Exclusive: Shankar Sharma Defends Infosys, TCS, Wipro; Says No To Anthropic, OpenAI IPOs
In an exclusive conversation, Shankar Sharma criticised the rest of India's tech ecosystem, arguing that it is unfair to lay the blame on the big IT companies for losing the race on AI.
Top Gainers & Losers on June 8: Netweb Tech, Wipro, Reliance Power, Swiggy, SAIL, HPCL among top losers - Mint
Top Gainers & Losers on June 8: Netweb Tech, Wipro, Reliance Power, Swiggy, SAIL, HPCL among top losersMint
Wipro To Eternal: Top Laggards Behind The Stock Market Crash Today
The BSE Sensex declined 0.97% to close at 73,524.26, while the NSE Nifty 50 fell 1.04% to end at 23,123.