India, April 9 -- India's fourth-largest IT services exporter came into focus on April 9, 2026, after intimating exchanges of a board meeting where a share buyback proposal will be formally considered. The move, which will be deliberated alongside Q4 FY26 earnings on April 15-16, is widely read as a capital return signal at a point when the stock has significantly underperformed broader indices and the Nifty IT benchmark alike.

With a market capitalisation of approx Rs. 2,13,103.56 crore, the shares of Wipro Limited were trading at Rs. 203.18 per share, down 0.12 percent from its previous closing price of Rs. 203.42 apiece. The stock is trading at a P/E of approximately 16.07.

Why a Buyback, and Why Now The strategic logic for a buyback...