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Even a Rs 15,000-crore buyback fails to cheer Wipro investors
April 18, 2026
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Posted 2 hours ago by
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.
Economic Times
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India
Bias: center
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