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Wipro buyback has better potential returns than TCS, says Motilal Oswal report

Updated : October 21, 2020 07:18 PM IST

The buyback offer of TCS was announced on October 7 while Wipro's was approved on October 13.
TCS approved to repurchase 5.3 crore shares via a tender offer at a price of Rs 3,000 apiece.
Wipro has approved to buyback 23.8 crore shares through a tender offer at a price of Rs 400 per share.mous
Wipro buyback has better potential returns than TCS, says Motilal Oswal report

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