Infosys Limited, one of India’s leading IT giants, recently unveiled the results of its ambitious ₹18,000 crore buyback program in December 2025, signaling strong confidence in its future growth. This development coincides with positive momentum in Wipro shares, where the company issued bonus shares under its ESOP scheme, alongside strategic expansions like a massive lease deal in Kolkata.
As the IT sector in India shows signs of recovery amid a depreciating rupee and rising AI investments, mutual funds have ramped up stakes in both Infosys and Wipro stocks during November 2025. This article delves deep into these updates, explores the broader implications for IT sector stocks, and offers insights for savvy investors eyeing long-term opportunities in Infosys share price trends and Wipro latest news.
The IT industry, long battered by global economic headwinds, now stands at a pivotal juncture. With Infosys buyback 2025 results highlighting oversubscription and shareholder value enhancement, and Wipro’s proactive moves boosting employee morale, the sector’s revival feels tangible.
Analysts predict that Infosys share price today could surge toward its one-year high of ₹2,006, while Wipro demonstrates resilience with a fresh three-month peak. Join us as we unpack these stories, analyze mutual fund investments in Infosys and Wipro, and forecast the trajectory of IT sector recovery in 2025.
Infosys Buyback 2025: A Game-Changer for Shareholder Value and Stock Performance
Infosys Limited kicked off December 2025 with a bang, announcing the completion of its record ₹18,000 crore share buyback program. This initiative, the company’s fifth since 2017, targeted up to 10 crore equity shares at ₹1,800 per share—a premium that underscored the board’s optimism about the firm’s intrinsic value. Investors who tendered shares on the record date of November 14, 2025, reaped immediate rewards, as the buyback price exceeded the prevailing market rate of around ₹1,600.
The buyback process unfolded swiftly. It opened for tenders on November 20 and closed on November 26, with final acceptance determined by December 2. KFin Technologies, the registrar, handled the logistics, ensuring a smooth proportionate allotment. What stood out was the overwhelming response: nearly 82.6 crore shares were tendered, oversubscribing the offer by an astonishing 8.26 times. Qualified institutional buyers led the charge with 76.9 crore shares, including 45.2 crore from mutual funds and 17.1 crore from foreign institutional investors. Retail participation remained robust at 4.3 crore shares, reflecting broad-based enthusiasm.
This oversubscription speaks volumes about investor sentiment toward Infosys shares. Small shareholders, reserved 1.5 crore shares, saw their bids accepted at an 18.10% ratio, while the general category hit 939.33% oversubscription. The extinguishment of bought-back shares, scheduled for December 12, will reduce the outstanding equity by 2.41%, potentially boosting earnings per share (EPS) and supporting a rerating of Infosys stock price.
From a strategic standpoint, Infosys executed this buyback to return surplus cash efficiently, aligning with its capital allocation policy. The company generated robust free cash flow in FY26, with Q2 results showing a 5% revenue increase and 2% PAT growth year-over-year. By repurchasing shares at what it deems fair value, Infosys not only rewarded loyal investors but also signaled that organic growth opportunities in AI and digital transformation remain plentiful. Market watchers note that this move could act as a psychological floor for the stock, preventing deeper corrections amid volatility.
As Infosys share buyback results ripple through the market, the stock has already responded positively. Closing at ₹1,613 on Friday with a 1.02% gain, it notched a three-month intraday high of ₹1,631. This marks a 3.6% weekly surge and 10.19% monthly rally, outpacing the Nifty IT index. Over three months, Infosys shares climbed 11.88%, recovering from a low of ₹1,427. Compared to its one-year low of ₹1,307 and five-year trough of ₹1,136, the stock’s upward trajectory hints at breaking the ₹2,000 barrier soon—a level unseen since 2020.
Key Dates and Eligibility: How Infosys Buyback 2025 Unfolded Step by Step
Understanding the mechanics of the Infosys buyback 2025 proves crucial for investors dissecting its impact on share price today. The board approved the scheme on September 11, 2025, following shareholder nod via postal ballot with 98.81% approval. The record date of November 14 fixed eligibility: shareholders holding demat or physical shares qualified, provided they tendered during the window.
Tendering occurred via stock exchanges in a proportionate manner, with no promoter participation to preserve equity balance. The face value remained ₹5 per share, and the total outlay capped at ₹18,000 crore. Post-tender, Infosys advertised outcomes in major dailies like Business Standard, Economic Times, and regional papers in Karnataka and Romania, ensuring transparency.
Settlement wrapped by December 3, with accepted shareholders receiving ₹1,800 per share via email and direct credit. For non-accepted bids due to oversubscription, shares returned to demat accounts by December 5. Tax implications favored individuals: no TDS if aggregate dividends and buyback proceeds stayed below ₹10,000 in FY26.
This structured rollout minimized disruptions, allowing Infosys to focus on core operations. Eligibility hinged on demat holdings as of the record date, making it accessible yet competitive. Investors who participated locked in a 12-15% premium over market prices, while holdouts benefit from enhanced EPS post-extinguishment.
Wipro Latest News: ESOP Bonus Shares Issuance Boosts Employee Morale and Stock Appeal
Shifting gears to Wipro latest news, the company made headlines in December 2025 by allotting 69,597 equity shares under its Employee Stock Option Plan (ESOP). Effective December 3, this issuance targeted eligible employees who met performance targets via the ADS Restricted Stock Unit Scheme and Performance Stock Units. Wipro’s track record shines here: it consistently rewards talent with bonus shares and dividends, fostering a motivated workforce amid competitive talent wars.
This move aligns with Wipro’s employee-centric culture. The fourth-largest Indian IT firm by market cap, Wipro boasts a history of four bonus issues in 15 years, including a 1:1 ratio in 2019 and 2017. The recent 1:1 bonus, with a record date of December 3, 2024 (carrying forward momentum into 2025), doubled holdings for shareholders, though it adjusted ex-bonus prices downward temporarily. For ESOP recipients, these shares vest over time, aligning incentives with long-term value creation.
Wipro’s stock reacted favorably, closing at ₹259 with a 1% uptick and hitting a three-month high of ₹251 intraday. This caps a weekly 3% gain and monthly 10% rise, mirroring Infosys’s recovery. From a three-month low of ₹235 and one-year trough of ₹228, Wipro eyes reclaiming its ₹324 peak. Analysts attribute this to the ESOP’s morale boost, which could enhance productivity in AI-driven projects.
Beyond shares, Wipro’s dividend consistency—yielding 2-3% annually—appeals to income-focused investors. November 2025 saw nine mutual funds enter with fresh investments, outpacing two exits, signaling institutional buy-in. As Wipro share latest news evolves, this ESOP underscores a strategy blending employee retention with shareholder returns.
Wipro’s Strategic Expansion: 1.7 Lakh Sq Ft Lease Deal in Kolkata Signals Growth Ambitions
Wipro’s growth narrative strengthens with its December 2025 lease of 1.7 lakh square feet from Smartworks Coworking Spaces in Kolkata. This deal, the largest flex-office transaction in the region, spans Victoria Park and Mediasiti campuses in Salt Lake Sector V, accommodating 3,000 employees. JLL India facilitated the agreement, highlighting Wipro’s bet on eastern India’s burgeoning IT hub.
Kolkata already hosts Wipro’s 21,000-strong workforce at its Salt Lake campus, with a New Town expansion adding 10,000 seats. This lease enhances scalability, offering tech-enabled spaces with collaboration zones, wellness facilities, and connectivity perks. It positions Wipro to tap local talent pools, reducing attrition and operational costs in a high-growth market.
The move dovetails with India’s office leasing boom: co-working absorbed 65 lakh sq ft in H1 2025, up 48% year-over-year. For Wipro, it translates to agile expansion without capex burdens, supporting revenue targets amid FY26’s 5-7% growth forecast. Investors view this as a bullish Wipro latest news catalyst, potentially lifting shares toward ₹300 by mid-2026.
IT Sector Recovery 2025: Rupee Depreciation and AI Tailwinds Drive Infosys and Wipro Rally
The IT sector in India, after a prolonged slump, ignites in December 2025 with a 1-2% rally in Nifty IT stocks. Rupee’s plunge to ₹90.13 per dollar—its fresh record low—fuels export-heavy firms like Infosys and Wipro, where 60-70% revenues stem from the US. TCS and Wipro led gains at 2%, followed by Infosys at 1.42%, defying broader market dips.
This recovery builds on November’s momentum: Nifty IT surged 6%, outpacing Nifty 50’s 0.6%. Despite a 13% YTD drop, valuations at 22.7x trailing earnings offer a 6% premium to 10-year averages—attractive for contrarians. Brokerages like Motilal Oswal and Nomura upgrade Infosys to ‘Buy’, citing AI exposure via Topaz suite. Wipro earns a ‘Neutral’ nod, with Coforge and eClerx as mid-cap bets.
AI emerges as the sector’s North Star. Infosys’s Topaz Fabric and agentic tools position it for enterprise AI spends, projecting 8.6% CC growth in FY28. Wipro counters with cybersecurity acquisitions like The Missing Link. Cloud modernization and GCC deals revive spending, with FY26 FCF exceeding 100% of net profit.
Challenges linger: US tariffs and furloughs cap Q3 growth at 2%. Yet, with rupee tailwinds and AI capex moderation, IT sector recovery 2025 gains steam. Infosys and Wipro, trading 19-20% below 52-week highs, offer asymmetric upside for patient investors.
Mutual Fund Investments in Infosys and Wipro: November 2025 Trends and Implications
November 2025 marked a bullish turn for mutual fund investments in Infosys and Wipro, as funds chased IT recovery signals. Twenty mutual funds added fresh stakes in Infosys, totaling significant inflows, while six exited modestly—net buyers dominated. This pushed MF holding to 20.74% from 18.64% in September, per quarterly data.
Wipro saw nine funds enter, dwarfing two exits, with net additions of 8.59 million shares in October (extending into November). Holdings rose to 13-15%, reflecting confidence in ESOPs and expansions. Top funds like ICICI Prudential Technology and Franklin India Technology, with AUMs of ₹13,990 crore and ₹1,950 crore, allocate heavily to these duo, yielding 17-21% 5-year CAGRs.
These inflows validate IT’s turnaround: MFs bet on Infosys’s buyback EPS boost and Wipro’s dividend yield. Amid 114 funds buying Wipro versus 61 selling, the sector’s decade-low valuations lure SIP investors. For 2025, technology MFs like SBI Nifty IT Index promise diversified exposure to Infosys, TCS, and Wipro.
Infosys Merger of Romanian Subsidiaries: Streamlining for European Efficiency
Infosys fortified its global footprint in December 2025 by merging two Romanian subsidiaries: In-tech Engineering Services S.R.L. and ProIT S.R.L.RO into Infosys Romania. Effective December 5, this cashless internal restructuring, approved by shareholders, aims to slash costs, consolidate reporting, and optimize resources in Europe’s IT engineering hub.
Romania, with its skilled workforce, bolsters Infosys’s automotive and digital services. The merger eliminates redundancies, enhancing synergies without diluting ownership. This follows 2025 acquisitions like Versent ($153M) and in-tech, expanding AI and cloud capabilities.
For Infosys share price today, this efficiency play supports margin stability at 21%, complementing buyback gains. Investors applaud the focus on high-growth regions, eyeing 5.5% FY27 revenue growth.
Comparing Infosys vs Wipro Shares: Which IT Stock Wins in 2025?
| Metric | Infosys | Wipro |
|---|---|---|
| Market Cap (Dec 2025) | ₹6,47,248 Cr | ₹2,68,000 Cr (approx.) |
| Q2 FY26 Revenue Growth | 5% YoY | 2% YoY (projected) |
| Buyback/ Bonus Impact | ₹18,000 Cr buyback, 8x oversub | 69,597 ESOP shares issued |
| 1-Month Return | 10.19% | 10% |
| P/E Ratio | 22.7x | 21.5x |
| Dividend Yield | 2.5% | 2.8% |
| AI Exposure | Topaz Fabric (high) | Cybersecurity acquisitions (medium) |
| Target Price (FY28) | ₹2,150 (Motilal) | ₹300 (Nomura) |
Infosys edges ahead with superior deal wins and AI depth, but Wipro’s value play suits dividend hunters. Both benefit from IT sector recovery 2025.
Future Outlook: AI, Rupee Trends, and Investment Strategies for Infosys and Wipro
Looking ahead, Infosys share buyback 2025 and Wipro latest news position both for 15-20% upside in 2026. Rupee at ₹90 amplifies dollar earnings, while AI budgets swell to $200B globally. Infosys targets 8% FY28 growth; Wipro eyes 7% via expansions.
Investors should buy on dips: allocate 10-15% to IT via SIPs in tech MFs. Diversify with Infosys for growth, Wipro for stability. Consult advisors, as markets evolve.
In conclusion, December 2025 heralds a renaissance for Indian IT. Infosys’s buyback triumph and Wipro’s bold strides, fueled by mutual fund fervor, promise rewarding journeys. Stay informed, invest wisely—the sector’s best chapter unfolds now.