BUYBACK

Share buybacks not ‘income’, can’t face I-T levy: Delhi High Court

The Delhi High Court ruled that companies buying back shares below fair market value do not incur taxable income. The court distinguished share buybacks as capital reduction, not asset acquisition. This decision offers significant relief to companies, potentially lowering the cost of share repurchases and clarifying tax implications for such corporate restructurings.

Even a Rs 15,000-crore buyback fails to cheer Wipro investors

Wipro's stock fell on Friday after its March-quarter earnings missed expectations, with a ₹15,000 crore buyback failing to boost sentiment. The IT major reported a 2% decline in consolidated net profit, and brokerages expressed caution due to weaker-than-expected performance and revenue headwinds. Analysts noted continued underperformance compared to peers, despite attractive valuations.

Windlas Biotech announces Rs 47 crore buyback at Rs 1,000/share; sets April 24 as record date

Windlas Biotech approved a Rs 47 crore share buyback at Rs 1,000 per share via the tender route, with April 24 set as the record date. The move covers 2.23% equity and excludes promoters. Shares rose 2% following the announcement, reflecting positive investor sentiment toward the capital return plan.

Wipro announces Rs 15,000-crore buyback: Check record date, price, other key things to know

Jefferies says Gold enters consolidation phase after retail-driven frenzy buying this year

Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States.

Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?

Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback. Revenue rose 8% YoY, but the core IT services business remained sluggish with minimal growth, reflecting weak demand. Margins also edged lower, signaling ongoing cost pressures, even as profit improved on a sequential basis.

Wipro promoters to join Rs 15,000 cr buyback. What it means for retail investors

IT major Wipro is set to buy back shares worth Rs 15,000 crore. The buyback price offers a 19% premium to the previous closing rate. Promoters and the promoter group have signaled their intention to participate in this corporate action. This move is expected to impact retail investor allocations.

Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%

Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consultancy Services, as geopolitical uncertainties, AI-led disruptions and slow deal ramp-ups weigh on its performance

Stocks in news: Wipro, HUL, Angel One, Alembic Pharma, HDFC Life

Markets ended flat on Thursday after a volatile session, with analysts maintaining a positive outlook and recommending a buy-on-dips strategy. Key stocks like Wipro, HUL, Angel One, Alembic Pharma, and HDFC Life are in focus due to Q4 results and corporate actions.

'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%

Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slowing deal momentum, weakness in BFSI and healthcare, and client-specific declines, raising concerns over near-term growth despite stable margins and a buyback announcement.

Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to know

Wipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over the last closing price. This marks the company's first buyback in over three years, involving up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in the tender route buyback.

Wipro Q4 Results: Profit falls 2% YoY to Rs 3,502 crore; revenue rises 8%

Wipro Q4 Results: Wipro's net profit dipped 2% to Rs 3,502 crore in the March quarter, despite an 8% revenue increase to Rs 24,236 crore. The IT services segment saw sluggish growth, with revenue up only 0.6% sequentially. The company announced a significant Rs 15,000 crore share buyback, signaling confidence amidst cost pressures and declining operating margins.

Wipro bags Alpha Net client contracts in $71-million deal

The acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal also includes deferred earnout-linked payments tied to performance conditions and is expected to close by June 30, 2026.

Wipro set to announce buyback today: What to expect

Wipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share buyback in over five years. Analysts anticipate steady revenue but a dip in profitability due to wage hikes and acquisition costs. Investors will be watching for details on the buyback and the company's outlook for FY27.

Buyback alert! Last date to buy Aurobindo Pharma shares for Rs 800-crore share buyback. Check details

Aurobindo Pharma has announced an ₹800-crore buyback at ₹1,475 per share, with April 17, 2026 set as the record date—meaning investors must buy shares before this date to be eligible.

Share buybacks this month: Wipro, Aurobindo Pharma, 2 other stocks to watch out for

Four companies—Wipro, Cyient, Windlas Biotech, and Aurobindo Pharma—are set to announce or act on share buybacks this month, with Aurobindo’s record date due soon. Buybacks involve companies repurchasing shares to boost value, use surplus cash, or strengthen ownership. Meanwhile, new rules under the Finance Bill 2026 impose a 12% surcharge on buyback-related capital gains for promoters, while other investors remain taxed as per existing norms.

Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?

Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-related costs and subdued discretionary spending. Sequential growth remains muted despite acquisition support, while BFSI shows resilience, and healthcare remains weak. Investors will closely track margins, deal pipeline and AI outlook.

Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?

Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers.

Buy, Sell or Hold: Goldman Sachs backs TCS, Morgan Stanley stays underweight on Wipro

Brokerages remain divided on frontline stocks, balancing near-term triggers with medium-term growth concerns. Morgan Stanley stays overweight on JSW Steel, citing a constructive outlook despite operational hiccups, while remaining cautious on Wipro due to weak growth visibility. Goldman Sachs maintains a buy on TCS, supported by strong deal wins, though it flags muted revenue momentum and limited clarity on FY27 growth prospects.

Wipro shares jump 3% as board eyes buyback after three years on April 16

Wipro share price rallied 3% after the IT firm announced it would consider a share buyback. This potential move comes after a significant stock decline this year. The company is also focusing on artificial intelligence as a key growth driver. Management expects some margin pressure but remains confident in maintaining operating margins. Analyst sentiment is cautious regarding the stock.

Wipro to consider share buyback on April 16 after steep stock crash this year

IT services major Wipro announced it will consider a share buyback alongside its fourth-quarter results on April 16. This move follows a significant drop in its stock price and comes amid investor concerns about IT firms' cash return strategies versus AI investments. The potential buyback, the company's first in three years, signals capital allocation action amidst volatile IT stock sentiments.

Visa processing startup Atlys announces Esop buyback worth Rs 4 crore

Atlys conducted its first Esop buyback worth Rs 4 crore, allowing eligible employees to sell up to 25% of their vested stock options. The scheme was open to eligible staff across all roles and teams. This comes closely after Atlys raised $36 million in a round led by Susquehanna Asia VC in March.

Aurobindo Pharma approves Rs 800 crore share buyback. Check record date, other key details

Aurobindo Pharma is launching its first share buyback in two years, offering to repurchase over 54 lakh shares at Rs 1,475 each. This tender offer, open to shareholders as of April 16, represents a significant move for the pharmaceutical giant. The company's stock has shown resilience, gaining ground despite broader market declines.