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Wipro: Strong deal wins but weak Q1 guidance puzzling, say analysts

Wipro has guided for revenues in the range of $2,753 million to $2,811 million, which translates to sequential guidance of minus 3 per cent to 1 per cent in constant currency (CC) terms.

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Wipro shares jump despite muted Q1 guidance; share buyback to support stock price, say analysts

Wipro share buyback: The large buy-back program will deplete significant portion of cash and investments of the company and may hit its ability to maintain payout over FY24/25E, waned Motilal Oswal Securities

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Wipro share buyback biggest ever in size; IT major announces Rs 45,500 crore in buybacks in 8 years. Key details

Wipro on Thursday said it would buyback up to 269,662,921 shares of face value Rs 2 each from the shareholders of the company on a proportionate basis, by way of a tender offer, at a price of Rs 445 per equity shares.

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