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.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.
November 11, 2026