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24 July, 2017 04:13 IST
Wipro surges 4% on share buyback proposal
Source: IRIS | 17 Jul, 2017, 10.55AM
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Wipro, one of the leading software exporters, witnessed a rise in share price on Monday after the company as the IT firm said it said it would consider a share buyback at its board meeting on Thursday. If approved this would be the company's second such offering in as many years.

Shares of Wipro are trading at Rs 269.30, up Rs 9.8, or 3.78% at the Bombay Stock Exchange (BSE) on Monday at 10:43 a.m.

The scrip has touched an intra-day high of Rs 273.90 and low of Rs 264.70. The total volume of shares traded at the BSE is 247,733.

Total volume of shares traded on the bourses today was higher by 62.23% to 4,053,509 compared with (Q,N,C,F)* 22-day average volume of 2,498,606.



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