Among the key strengths of the company, analysts highlight, are long-term relationships with leading industry customers, strong focus on R&D, established infrastructure with backward integration along with strong and consistent financial performance.
Wipro s share price fell by 1.93% ahead of its record date for its ₹12,000 crore ($1.6bn) buyback offer, which will determine the entitlement of eligible equity shareholders on June 16. The buyback offer aims to buy back 26,96,62,921 equity shares, being 4.91% of the total paid-up equity shares.