Wipro’s share buyback offers an arbitrage opportunity
MUMBAI: Wipro’s share buyback offers an arbitrage opportunity for small shareholders, according to brokerage ICICI Direct. Analysts expect investors to earn about 5%-14% from this trade depending on the extent of the acceptance in the buyback offer. India’s third largest software exporter Wipro has announced a buyback of 23.8 crore shares from its shareholders on … Read more