Wipro Share Buyback
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Wipro Shares Climb By 3%, Market Valuation Jumps Rs 5,933.31 Crore
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buyback of up to Rs 12,000 crore.
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Wipro Q4 Net Profit Falls Slightly To Rs 3,074 Crore, Preps Share Buyback
IT major Wipro on Thursday reported a marginal year-on-year decline of 0.4 per cent in net profit to Rs 3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to Rs 12,000 crore.
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Stocks To Watch: Infosys, Wipro, DCM Shriram
Infosys has bought back over 5.58 crore equity shares as part of its Rs 9,200 crore buyback offer, at a volume-weighted average price of Rs 1,648.53 per share
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Wipro Slips Nearly 7% Post Q2 Earnings, Share Buyback Plans
Wipro Share: Wipro had announced that it would buy back 23.75 crore shares at Rs 400 per equity share, which was a premium of 6.45 per cent to Tuesday's closing price of Rs 375.75.
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Wipro Announces Share Buyback Of Rs 9,500 Crore, Profit Rises 3% In September Quarter
The company has guided for revenue from IT services to be in range of $2,022 million to $2,062 million translating into a sequential growth of 1.5-3.5 per cent for December quarter.
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Wipro Rallies Nearly 6% As Board To Consider Share Buyback Proposal
Since the start of this year, Wipro has given strong returns to the investors as the stock has rallied 44 per cent.
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Wipro Reports Profit Of Rs 2,553 Crore In September Quarter
Wipro expects revenue from its IT services business to be in the range of $2,065 million-$2,106 million in the quarter ending December 31. Bengaluru-based Wipro said it concluded its buyback of shares worth Rs 10,500 crore ($1.49 billion) during the quarter.
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Wipro Reports Rs 2,483.5 Crore Profit In Q4, Approves Rs 10,500 Crore Share Buyback
Wipro, the country's third largest software services company, on Tuesday reported a net profit of Rs 2,483.5 crore for the quarter ended March 31.
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Sensex, Nifty Little Changed; Infosys, Wipro Gain; Indian Oil, BPCL, HPCL Fall
Sensex and Nifty were trading flat as gains in Infossys and HDFC were offset by losses in Reliance Industries and Kotak Mahindra Bank.
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Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
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Wipro Shareholders Approve Rs 11,000-Crore Buyback Proposal
Wipro had last month said it would purchase up to 343.75 million shares at Rs 320 ($4.95) per scrip.
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Wipro Announces Up To Rs 11,000 Crore Share Buyback As Q2 Forecast Disappoints
Bengaluru-headquartered Wipro said it expects revenue from its core IT services business to be in the range of $1.96 billion to $2 billion for the quarter ending September.
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Wipro Beats Estimates In June Quarter, Makes Rs 11,000-Crore Buyback Announcement
Morgan Stanley had estimated Wipro's net profit at Rs 1,992 crore on revenues of Rs 13,459 crore for the June quarter.
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Wipro Board To Consider Share Buyback Proposal
Share buybacks typically improve earnings per share and return surplus cash to shareholders while also supporting share price during periods of sluggish market conditions.
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Wipro CEO Neemuchwala's 2020 Goal Termed 'Ambitious', Shares Fall 7%
Wipro shares sank on Thursday, following the announcement of fourth quarter earnings yesterday. Wipro has consistently underperformed the IT industry over the last few quarters because the crash in oil prices has led clients to curb spending in the energy sector, where Wipro is a major player.
-
Wipro Shares Climb By 3%, Market Valuation Jumps Rs 5,933.31 Crore
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buyback of up to Rs 12,000 crore.
-
Wipro Q4 Net Profit Falls Slightly To Rs 3,074 Crore, Preps Share Buyback
IT major Wipro on Thursday reported a marginal year-on-year decline of 0.4 per cent in net profit to Rs 3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to Rs 12,000 crore.
-
Stocks To Watch: Infosys, Wipro, DCM Shriram
Infosys has bought back over 5.58 crore equity shares as part of its Rs 9,200 crore buyback offer, at a volume-weighted average price of Rs 1,648.53 per share
-
Wipro Slips Nearly 7% Post Q2 Earnings, Share Buyback Plans
Wipro Share: Wipro had announced that it would buy back 23.75 crore shares at Rs 400 per equity share, which was a premium of 6.45 per cent to Tuesday's closing price of Rs 375.75.
-
Wipro Announces Share Buyback Of Rs 9,500 Crore, Profit Rises 3% In September Quarter
The company has guided for revenue from IT services to be in range of $2,022 million to $2,062 million translating into a sequential growth of 1.5-3.5 per cent for December quarter.
-
Wipro Rallies Nearly 6% As Board To Consider Share Buyback Proposal
Since the start of this year, Wipro has given strong returns to the investors as the stock has rallied 44 per cent.
-
Wipro Reports Profit Of Rs 2,553 Crore In September Quarter
Wipro expects revenue from its IT services business to be in the range of $2,065 million-$2,106 million in the quarter ending December 31. Bengaluru-based Wipro said it concluded its buyback of shares worth Rs 10,500 crore ($1.49 billion) during the quarter.
-
Wipro Reports Rs 2,483.5 Crore Profit In Q4, Approves Rs 10,500 Crore Share Buyback
Wipro, the country's third largest software services company, on Tuesday reported a net profit of Rs 2,483.5 crore for the quarter ended March 31.
-
Sensex, Nifty Little Changed; Infosys, Wipro Gain; Indian Oil, BPCL, HPCL Fall
Sensex and Nifty were trading flat as gains in Infossys and HDFC were offset by losses in Reliance Industries and Kotak Mahindra Bank.
-
Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
-
Wipro Shareholders Approve Rs 11,000-Crore Buyback Proposal
Wipro had last month said it would purchase up to 343.75 million shares at Rs 320 ($4.95) per scrip.
-
Wipro Announces Up To Rs 11,000 Crore Share Buyback As Q2 Forecast Disappoints
Bengaluru-headquartered Wipro said it expects revenue from its core IT services business to be in the range of $1.96 billion to $2 billion for the quarter ending September.
-
Wipro Beats Estimates In June Quarter, Makes Rs 11,000-Crore Buyback Announcement
Morgan Stanley had estimated Wipro's net profit at Rs 1,992 crore on revenues of Rs 13,459 crore for the June quarter.
-
Wipro Board To Consider Share Buyback Proposal
Share buybacks typically improve earnings per share and return surplus cash to shareholders while also supporting share price during periods of sluggish market conditions.
-
Wipro CEO Neemuchwala's 2020 Goal Termed 'Ambitious', Shares Fall 7%
Wipro shares sank on Thursday, following the announcement of fourth quarter earnings yesterday. Wipro has consistently underperformed the IT industry over the last few quarters because the crash in oil prices has led clients to curb spending in the energy sector, where Wipro is a major player.
