Better to tender shares in Wipro’s buyback: Analysts

June 21, 2023

The Bengaluru-based firm said for retail investors, the entitlement ratio – the indication of minimum shares that the company will definitely accept in the buyback – has been fixed at 23.4%, while for others, it is 4.3%. Analysts recommend retail investors tender shares in the buyback programme given the ongoing uncertainty in the sector.

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