Even a Rs 15,000-crore buyback fails to cheer Wipro investors
- Posted on April 18, 2026
- By Business News Today
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- 1 min read
Even a Rs 15,000-crore buyback fails to cheer Wipro investors
Wipro's stock fell on Friday after its March-quarter earnings missed expectations, with a ₹15,000 crore buyback failing to boost sentiment. The IT major reported a 2% decline in consolidated net profit, and brokerages expressed caution due to weaker-than-expected performance and revenue headwinds. Analysts noted continued underperformance compared to peers, despite attractive valuations.
