Wipro Gains On Buyback Plans


Wipro was the top gainer in Nifty IT index trading at Rs 271.3 per share, up by Rs 11.45 per share or 4.41% on NSE as of 0955 hours on Monday.

Other IT stocks like Infosys, Tech Mahindra and HCL Technologies were also trading higher by over 1%. Infosys and Wipro contributed the most to Nifty and Sensex gains.

One of the largest IT firms in the country, Wipro is considering a share buyback plan at its board meeting scheduled for this week, the company reported in a BSE filings.

Wipro had announced during its fourth quarter results in the previous financial year that it would consider a share buyback plans in July.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 

Share on Google Plus

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 comments: