Wipro jumps 4% on ₹12,000-crore share buyback plan
The IT major was the top gainer on the BSE Sensex as investors cheered the buyback of 26.96 crore shares at a premium of 19%.
The IT major was the top gainer on the BSE Sensex as investors cheered the buyback of 26.96 crore shares at a premium of 19%.
The IT company's gross revenue rose 11.2% year-on-year to ₹23,190 crore in Q4.
There will be no change in relative positioning despite worsening macros as it has not translated to client cutting spending on existing projects, says ICICI Securities.