IT firm Wipro’s share buyback, worth Rs 12,000 crore ($1.6bn), may deliver substantial returns to small investors who invest during the remaining short window. Retail shareholders with holdings worth less than INR 2 lakh ($2,700) are eligible for up to 15% of the buyback, and are expected to see acceptance ratios of up to 40%, as analysts predict an overall acceptance rate of around 4%. Wipro intends to buy back less than 5% of its shares at a premium of 12.2% to current market value. However, the share price’s performance after past buybacks has varied.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20
August 28, 2026