Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

Premium: Bond Baba Ditches a Buyback Midway in Frustration But Gets 5% in 4 months

capital-mind-premium-featured-image.png

We're sick and tired of Wipro. No, really. We thought it would be a brilliant buyback. Buy in the market at 286, get bought back and 320 and let it go. They told us in July that they would buyback 34 cr. shares. Given the tiny amount of Wipro shares held by small shareholders, we thought we'd benefit  - the 15% quota and low such holding excites us enough to buy enough to be a small shareholder. We even 

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial