Updated
Updated · MarketWatch · May 6Wipro shares edge down 0.88% and outperform rivals
13 articles · Updated · MarketWatch · May 6
- The stock closed at 197.35 rupees on Thursday as the BSE Sensex fell 0.15% to 77,844.52, with trading volume of 793,715.
- Wipro still finished 27.75% below its 52-week high of 273.15 rupees reached on 22 December.
- It fell less than MphasiS, Tata Consultancy Services and HCL Technologies, after Wednesday's 0.38% decline to 199.10 rupees in a rising market.
Is Wipro's record buyback a strategic masterstroke or a sign it has run out of ideas for growth? Can legacy giants like Wipro truly reinvent themselves for the AI age, or is their dominance fading? As AI replaces coders, is India's IT employment boom officially over?