July 17, 2017 / 5:04 AM / a month ago

BUZZ-India's Wipro surges on buyback proposal

** Shares of Wipro Ltd jump as much as 5.45 pct, their biggest intraday pct gain since January 19, 2015

** The IT co said on Friday it would consider a buyback proposal on July 20

** Shares up on the proposal, say analysts

** Up to Friday's close, stock had risen 9.54 pct this year

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