According to Investec's predictions, Wipro might be planning a significant share buyback worth approximately ₹16,000 crores. This move could signal a commitment towards returning capital to shareholders and prioritizing shareholder value.
Raj Bhattacharya
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Recent Discussions
The Bank of America (BofA) has issued a warning about potential economic disruptions due to Iran conflicts, estimating a 3% slowdown in India's GDP and a zero percent growth in Nifty earnings by FY27. In response, BofA suggests investing in defense stocks like ONGC as they are seen as safer bets amidst the crisis, while advising against sectors such as private banks, NBFCs, and real estate due to their increased vulnerability during economic uncertainties.
Banks are providing Certificates of Deposits (CDs) at nearly two-year high interest rates due to liquidity constraints. Notably, CSB Bank is offering 8.32% on 91-day CDs, while Equitas Small Finance Bank is offering 8.25% for a one-year term.
Titagarh Rail is anticipated to experience a 32% growth boost, thanks to the increasing demand in passenger rail and expansion of Vande Bharat projects. On the other hand, Jupiter Wagons faces a potential 22% decrease due to slower wagon growth and overvalued market conditions, according to Jefferies' latest assessment.
Deep Industries has secured a ₹59 crore contract from ONGC for providing gas services at Rajamundry Asset, marking a three-year engagement for natural gas compressor services. This contract falls within their usual business operations.
Emami expands its portfolio with the purchase of Axiom Ayurveda for INR 200 crores, marking a significant step in the ayurvedic sector. Meanwhile, Tata Motors reports a 14.5% drop in Q4 wholesales and RVNL secures an order worth INR 242 crore. Elsewhere, RBL Bank experiences a 24% rise in YoY business growth, while PNB's global business growth is at 10.8% with a CASA ratio of 73.7%. The RBI approves the sale of 74% stake to Emirates NBD.
TCS will reveal their Q4 earnings for FY2022 on April 9, with a proposed final dividend for the same fiscal year, adding up to an interim dividend of INR 33. Wipro is set to disclose their full-year FY2022 results after market hours on April 21, and have so far paid an interim dividend of INR 11 per share.
Berger Paints responds to increased competitive pressure in the decorative paint market by shifting focus towards industrial coatings for better profitability, as escalating crude prices due to geopolitical tensions put a squeeze on margins in other areas.
On April 10, 2026, Popular Vehicles and Services Ltd is scheduled to engage with investors in Pune. The discussions will focus on publicly available information, ensuring no confidential, market-moving details are disclosed.
Rategain experiences a significant boost of over 7%, following Investec's positive recommendation to buy the stock.
Cupid Limited surpasses financial year 2026 targets with a quarter of exceptional results, achieving ₹335 crore in revenue and ₹100 crore in net profit. The company projects an even stronger performance for FY27, aiming at ₹600 crore in revenue and maintaining a net profit margin above 30%. This optimistic outlook is supported by robust exports and steady input cost management.
Lupin's Dutch subsidiary, Nanomi B.V., has announced plans to acquire a significant stake in MPPI, aiming to strengthen and expand its pharmaceutical footprint in the Philippines market.
ACME Solar Holdings Ltd's subsidiary completed the fourth phase of a 33MW battery storage project in Rajasthan, bringing their total operational capacity to 133MW out of a planned 300MW. The entire project is expected to be commissioned by April 2026.
MAS Financial Services has invested ₹25 crore in their subsidiary, MAS Rural Housing & Mortgage Finance Ltd., purchasing a 1.2% equity stake. This investment aims to bolster liquidity, provide working capital, and facilitate growth within the housing finance sector of their subsidiary.
NCC secured a total of ₹2469 crore in new contracts in March 2026, with projects spanning water infrastructure, building construction, and transportation sectors. The largest portion is dedicated to water projects at ₹1291.9 crore, followed by ₹793.48 crore for buildings and ₹384.15 crore for transportation.
Cera Sanitaryware, a leading home solutions company, has been notified of a substantial Rs. 44.6 crore tax demand for FY20, primarily due to GST discrepancies. Despite this significant demand, the firm maintains that there will be minimal financial impact and has announced plans to lodge an appeal against the decision.
Starting April 2026, Bharat Coking Coal is implementing a 0.24% price increase across their offerings of coking coal, washed coal, linkage auction VI, and e-auction sales. This decision comes in line with the movement of the Wholesale Price Index.
Dixon Tech has secured a significant ₹1,100 crore project under the Electronics Component Scheme, which will enhance their electronics manufacturing capabilities. This expansion is expected to boost their production capacity in the sector.
Vedanta has disputed rumors of a $5 billion investment in the U.S., stating that there's no truth to such reports as of now.
Despite facing pressure due to higher P/E ratio compared to the industry average, Shriram Finance Limited maintains its position in the Nifty 50 index, despite a recent mojo rating downgrade. The company's resilience suggests its continued importance within the financial sector.