Strota/ Newsroom/ 2026-07-01

WIPRO (Wipro Ltd.): Buyback

Strota Newsroom · session of 2026-07-01 · 30 Jun 18:00 · WIPRO stock page →

Wipro Limited has informed the Exchange about Completion of extinguishment of 60,00,00,000 (Sixty Crore) Equity Shares o… Historically, buyback events have moved WIPRO-type stocks in the bullish direction 57.1% of the next sessions (n=42).

Wipro has completed the extinguishment of 60,00,00,000 equity shares pursuant to its buyback programme, according to an NSE filing dated 30 June. The information-technology company informed the exchange that the shares were extinguished as part of the buyback process, marking the formal conclusion of this capital-management exercise.

Events like this have historically produced a 57.1% win rate across 42 comparable instances in Strota's database, with a net edge of 0.374%. These base rates describe how similar buyback completions have performed in aggregate across past stocks, not a forecast for Wipro specifically.

The stock closed at ₹170.39 on 30 June, down 2.9% from the previous session and 37.61% below its 52-week high of ₹273.1. It trades at a price-to-earnings ratio of 13.57 and a price-to-book of 2.02, with a dividend yield of 9.98%. The relative strength index (RSI) reads 27.3, below the 30 threshold that typically indicates oversold conditions. Futures and options data show "Long Unwinding" positioning, with open interest falling 4.59% as prices declined 3.01%.

What the data establishes: the buyback extinguishment is complete and the stock sits near 52-week lows with depressed momentum. What it does not establish: whether the buyback completion will alter price direction, as the historical base rate describes past population behaviour rather than this stock's future path.

The catalyst

Wipro Limited has informed the Exchange about Completion of extinguishment of 60,00,00,000 (Sixty Crore) Equity Shares of Wipro Limited (the Company ) pursuant to Buyback (filing · NSE)

What the data shows after this event

Across Strota's backtest of past filings, Buyback tends to continue — the move went bullish in about 57.1% of next sessions (net 0.374% after drift and cost, n=42). A base rate, not a forecast for this stock.

WIPRO right now

trading -2.90% on the day; F&O shows Long Unwinding (OI -4.59% ); P/E 13.57; RSI 27.3. Full WIPRO analysis →

Sources

Wipro Limited has informed the Exchange about Completion of extinguishment of 60,00,00,000 (Sixty Crore) Equity Shares of Wipro Limited (the Company ) pursuant to Buyback — NSE
BlackBerry, Take-Two initiations among today's top calls on Wall Street — The Fly
Wipro Ltd slips for fifth straight session — Business Standard
Axis Capital downgrades Wipro stock rating on acquisition concerns — Investing.com
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading — MT Newswires

Keep digging

WIPRO — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
Today's screens: every stock matching the same setups (buildups, breakouts, volume shockers).
Newsroom: the other stocks in play this session.

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.