Wipro surged on buyback proposal.
Shares of Wipro Ltd jumped as much as 5.45 per cent, their biggest intraday percentage gain since January 19, 2015.
The IT company had said on Friday it would consider a buyback proposal on July 20.
According to analysts, the shares were up on buyback proposal.
Up to Friday's close, stock had risen 9.54 per cent this year.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.