Wipro Share Price Today (May 2026): Buyback at βΉ250, AI Deal & What Investors Must Know
wipro share price today
Wipro share price jumped sharply today. Hereβs everything that happened β the buyback, the AI deal, the Q4 results, and what it all means for you.
If you checked the Wipro share price today and found it moving up strongly, youβre not alone β thousands of investors are looking for the same answers right now. On May 29, 2026, Wiproβs stock saw a significant spike. The reasons? A massive βΉ15,000 crore buyback, a fresh AI partnership with ServiceNow, and a recovery in the broader Nifty IT index. In this post, we break down everything β the numbers, the news, and what it means if you hold or want to buy Wipro shares.
What Is Wipro Share Price Today?
As of today, May 29, 2026, the Wipro stock price on NSE is trading around βΉ242ββΉ248, up nearly 4.7% from yesterdayβs close. On BSE, the movement is in line β the opening was strong and the stock hit an intraday high of βΉ251 during the morning session.
This is one of the biggest single-day moves Wipro has seen in the last few months. The stock is currently trading just below its buyback price of βΉ250, which is exactly why so many investors are paying close attention right now.
Wipro Share Price Today: Quick Market Snapshot
| Market Indicator | Latest Update |
|---|---|
| Current Price on NSE | ~βΉ245 |
| Todayβs Price Move | β² 4.7% |
| Intraday High | βΉ251 |
| Opening Price | βΉ237 |
| 52-Week High | βΉ310 |
| 52-Week Low | βΉ197 |
You can check the live Wipro share price on NSE and BSE at nseindia.com. For the most accurate real-time price, always use the official exchange website or your brokerβs app.
Why Did Wipro Stock Jump Today? (May 29, 2026)
The sharp rise in Wipro share price today isnβt random. There are four clear reasons behind todayβs move β and each one is important to understand.
Reason 1 β ServiceNow AI Partnership:
Wipro announced a strategic deal with ServiceNow to build agentic AI solutions for enterprise clients. This is a big move in the AI space. Wiproβs bet on agentic AI in 2026 tells the market that the company is not sitting still β it is actively chasing next-generation technology work.
Reason 2 β Buyback Record Date Approaching:
The Wipro buyback 2026 record date is set for June 5. Investors who want to be eligible for the buyback at βΉ250 per share need to hold the shares before that date. This deadline is pushing demand up sharply, which is directly lifting the stock price.
Reason 3 β Nifty IT Recovery:
The broader Nifty IT index recovered today after a few weak sessions. When the sector moves up, large-cap IT stocks like Wipro, TCS, and Infosys tend to follow. Wipro rode this sector tailwind today.
Reason 4 β ADR Surge on NYSE:
Wiproβs ADR (Wipro ADR on NYSE under ticker WIT) also climbed overnight in the US market. A positive ADR signal often leads to a strong opening on Indian exchanges the next morning β which is exactly what happened today.
Wipro Buyback 2026 β Key Details Explained
This is the most important piece of news for Wipro investors right now. Here are all the key facts about the Wipro buyback 2026, explained simply.
| Buyback Detail | Information |
|---|---|
| Buyback Price | βΉ250 per share |
| Total Buyback Size | βΉ15,000 crore |
| Record Date | June 5, 2026 |
| Buyback Method | Tender Offer / Open Market |
| Eligible Shareholders | Investors holding Wipro shares before the record date |
What is a share buyback?
A buyback means the company buys back its own shares from shareholders at a fixed price β usually higher than the current market price. Itβs a way for companies to return money to investors and signal confidence in their own business.
What retail investors must know:
Since the buyback price is βΉ250 and the current market price is around βΉ242ββΉ245, there is a small premium on offer. However, under the tender offer process, not all your shares may be accepted β there is a reservation for retail investors (those holding shares worth up to βΉ2 lakh). Due to T+1 settlement, if you want to be eligible, you need to hold shares by June 4, 2026.
π‘ Quick Tip:
Being on the record date doesnβt mean all your shares get accepted. The actual acceptance ratio depends on the total demand. Plan your investment accordingly and do not buy at a price higher than βΉ250.
Wipro Q4 FY26 Results β Quick Summary
Wipro released its Q4 FY26 results recently, and the numbers tell a mixed story. The top line grew, but profitability saw some pressure.
Wipro Q4 FY26 Results: Key Financial Highlights
| Financial Metric | Q4 FY26 Figure | Change / View |
|---|---|---|
| Revenue | βΉ24,236 crore | +7.7% YoY |
| Net Profit | ~βΉ3,350 crore | -1.9% YoY |
| EPS (Earnings Per Share) | βΉ3.34 | β |
| Q1 FY27 Revenue Guidance | $2.60B β $2.65B | Cautious |
| Market Cap (Approx.) | ~βΉ2.54 lakh crore | β |
Revenue grew well at 7.7%, which shows demand is steady. But net profit dipped slightly, and the Q1 FY27 guidance was conservative. CEO Srinivas Pallia acknowledged that while AI deals are picking up, discretionary spending from large clients remains muted. Wiproβs dividend yield remains modest β not a primary reason to buy, but a small bonus for long-term holders.
The market had already priced in the cautious guidance, which is why the buyback and AI deal are now driving the stock more than the results themselves.
Wipro Share Price Target 2026 β Analyst Views
What do analysts think about Wiproβs share price target for 2026? Hereβs a clear breakdown of where the stock could go from here.
| Scenario | Target Price | Based On |
| 12-Month Consensus | βΉ265 β βΉ290 | Analyst average |
| Bull Case | βΉ350 | AI deal acceleration + margin recovery |
| Bear Case | βΉ165 | US tariff impact + FII outflow |
| 52-Week High | βΉ310 | Past performance |
| 52-Week Low | βΉ197 | Past performance |
The consensus Wipro share price target for 2026 sits between βΉ265 and βΉ290, which means there is some upside from the current price near βΉ245. The bull case of βΉ350 is possible only if AI-related deals grow faster than expected and margins improve. The bear case of βΉ165 is a tail-risk scenario linked to a sharp global slowdown, US tariff escalation, or heavy FII (foreign investor) selling.
Keep in mind β analyst targets are estimates, not guarantees. They can and do change based on new data.
| Wipro | TCS | Infosys |
|---|---|---|
| +4.7% | +1.2% | +1.8% |
| Market Cap: ~βΉ2.54L Cr | Market Cap: ~βΉ14.8L Cr | Market Cap: ~βΉ6.2L Cr |
| Boosted by buyback + AI deal. Good short-term catalyst. | Indiaβs largest IT company. Stable, but growing slower right now. | Strong large deals pipeline. Good AI exposure. Solid pick for the long term. |
On a regular day, TCS and Infosys are considered the safer, more stable bets in the Indian IT space. But today, Wipro is clearly leading the pack β driven by its buyback deadline and the new AI deal. If youβre comparing the three for investment decisions, weigh your time horizon carefully. Wipro has a specific near-term event (buyback), while TCS and Infosys offer more consistent long-term compounding.
How to Track & Buy Wipro Shares (Beginners)
If youβre new to stocks and want to track or invest in Wipro, hereβs a simple starting point.
Where to check the live Wipro share price: Visit nseindia.com or bseindia.com for real-time data. Your broker app (Zerodha, Groww, Angel One, Upstox, etc.) also shows live prices with charts.
How to open a demat account: You need a demat account and a trading account to buy shares. Most brokers let you open one online in 10β15 minutes with your PAN card and Aadhaar. Once set up, you can search for βWIPROβ on NSE or BSE and place a buy order.
Important for the buyback deadline: Remember India follows T+1 settlement. This means shares you buy today will be credited to your demat account the next trading day. So if the buyback record date is June 5, you need to buy by June 4 to be eligible.
β Disclaimer:
This blog is for information purposes only. It is not investment advice. Please consult a registered financial advisor before making any investment decisions.
Frequently Asked Questions (FAQ)
1. What is Wipro share price today?
As of May 29, 2026, the Wipro share price on NSE is around βΉ242ββΉ248, up approximately 4.7% for the day. The intraday high touched βΉ251. You can check the live price at nseindia.com or your broker app.
2. What is the Wipro buyback 2026 record date?
The Wipro buyback 2026 record date is June 5, 2026. The buyback price is βΉ250 per share and the total buyback size is βΉ15,000 crore. Due to T+1 settlement, you need to hold shares by June 4 to be eligible.
3. Should I buy Wipro shares for the buyback?
The current market price (~βΉ245) is slightly below the buyback price of βΉ250, which offers a small premium. However, not all shares may be accepted in the tender offer, and the acceptance ratio can be low. Do not buy above βΉ250. Consult a financial advisor before investing.
π’ Important Disclaimer:
All data and figures mentioned in this article are based on available information as of May 29, 2026, and are subject to change. This blog is for educational and informational purposes only. It does not constitute investment advice, financial recommendation, or any form of solicitation to buy or sell securities. Stock markets are subject to market risks. Please read all related documents carefully and consult a SEBI-registered financial advisor before making any investment decisions.
