Wipro’s substantial Rs 15,000 crore share buyback commences tomorrow, June 11, closing on June 17. Investors can tender shares at Rs 250 each, offering a significant premium. Small shareholders receive preferential treatment with a dedicated quota. This move aims to boost share value and utilize surplus cash, with promoters also participating.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain