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guys, I am skipping this buyback

I think the price will crash once the record date is over as other IT stocks have corrected significantly and Wipro hasn't, due to the buyback support. Also, many senior level executives have resigned recently which is a huge red flag.

Infosys is available at a lower PE which is quite rare( check history)

And the current buyback can't be compared with previous ones because sentiment is quite bad/pessimistic for IT right now( earlier it was euphoric)

Do comment on this with your counter arguments if any

Thanks and do like the helpful posts