Wipro shares News

The stock dipped 1.40 per cent to Rs 478.40 on the BSE. At the NSE, it declined 1.41 per cent to Rs 478.20. 

The Wipro board on Thursday announced a share buyback of up to Rs 12,000 crore through the tender offer route, entailing 26.96 crore equity shares at a buyback price of Rs 445 apiece. 

At 10.14 Wipro shares were trading down 3.20 percent at Rs 278 a piece.

Wipro Ltd, India's third largest software firm, yesterday reported a 5.8 percent rise in net profit for three months to September but gave a muted guidance for the third quarter earnings.

Shares of Wipro today fell by nearly 2 percent after the company posted a 5.8 percent drop in consolidated net profit for the quarter ended December 31, 2016.

Shares of the country's third-largest software services firm Wipro were down nearly 4 percent Friday after the company's June quarter earnings failed to impress investors.

Shares of IT major Wipro Wednesday slumped 6 percent, wiping-out Rs 8,591 crore from its market valuation, after its March quarter earnings failed to enthuse investors.

IT major Wipro on Wednesday announced allotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees.

Shares of Wipro Ltd gained as much as 7.8 percent on Monday after the India`s third-largest IT services exporter on Friday reported better-than-expected growth in December-quarter net profit.

IT services major Wipro's scrip ended nearly 5 percent down Friday after the company's June quarter earnings missed market expectations.