Market News

Wipro announces share buyback worth ₹15,000 crore. Check price, record date and other details

Wipro buyback: Wipro's board at its meeting today approved the proposal to buyback up to 60,00,00,000 fully paid-up equity shares or 5.7% of the total paid-up equity share capital, for an aggregate amount not exceeding ₹15,000 crore.

Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to know

Wipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over the last closing price. This marks the company's first buyback in over three years, involving up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in the tender route buyback.

Wipro Share Price Highlights: Wipro Stock Price History

Share buybacks this month: Wipro, Aurobindo Pharma, 2 other stocks to watch out for

Four companies—Wipro, Cyient, Windlas Biotech, and Aurobindo Pharma—are set to announce or act on share buybacks this month, with Aurobindo’s record date due soon. Buybacks involve companies repurchasing shares to boost value, use surplus cash, or strengthen ownership. Meanwhile, new rules under the Finance Bill 2026 impose a 12% surcharge on buyback-related capital gains for promoters, while other investors remain taxed as per existing norms.

Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services

The deals aim to enhance Wipro's AI-driven services and are expected to boost annual revenue by $173.3 million amid macroeconomic uncertainties.

Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?

Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-related costs and subdued discretionary spending. Sequential growth remains muted despite acquisition support, while BFSI shows resilience, and healthcare remains weak. Investors will closely track margins, deal pipeline and AI outlook.

Nifty IT rebounds 8% from April lows; all eyes on Wipro results for next trigger

According to analysis by BNP Paribas, the underperformance of Nifty IT relative to the Nasdaq had reached near historical troughs in March 2026.

Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why

IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.

Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro among 42 companies to report

Dalal Street will be tracking results for the fourth quarter from 42 firms between April 13 and 18. Key names include Wipro, HDFC Bank, ICICI Bank, HDFC Life, ICICI Lombard, ICICI Prudential AMC and HDB Financial Services. Wipro will also be considering a share buyback this week with its results.

Q4 results 2026: Wipro, HDFC Bank, ICICI Bank among 50 companies to declare earnings next week; check full list here

Q4 results 2026: Around 50 companies will be releasing their March quarter results in the coming week. Here's a full list of companies expected to report their Q4 earnings next week.

Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?

Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers.

IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments

The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.