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.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may