Wipro share price today: Wipro shares are in focus today after the company said that it may announce a share buyback programme. The IT stock opened higher at ₹208.70, up over 2 per cent compared to the previous close of ₹202.87.
As of 9:35 AM, Wipro shares remained strong, trading 1.4 per cent higher at ₹206.65 on the National Stock Exchange (NSE). Nearly 10 million shares of the IT major changed hands in the first 20 minutes of trade.
Wipro shares moved higher today after the company informed stock exchanges that its board will meet on April 15–16 to consider a proposal for a share buyback. The outcome of the board meeting will be announced on April 16.
“The Board of Directors of the Company will be considering a proposal to buyback equity shares of the Company and the matters necessary and incidental thereto…,” Wipro said in a filing.
“The outcome of the Board meeting will be communicated to the stock exchanges soon after conclusion of the Board meeting on April 16, 2026, in accordance with the applicable provisions of the SEBI LODR Regulations,” the filing added.
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Harish Jujarey, AVP head – technical, Prithvi Finmart, said that IT stocks have seen a sharp correction amid rising concerns around AI over the past week, and Wipro was no exception. The stock declined significantly from around ₹270 levels to a low near ₹185.
Wipro has so far announced share buybacks on five different occasions, according to data available on BSE. The company had previously announced a share buyback in 2023. Before this, the IT major had conducted buybacks in 2020, 2019, 2017 and 2016.
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