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Wipro up 2%, ADR Down by 17% – Post Buy Back Announcement

Wipro up 2%, ADR Down by 17% – Post Buy Back Announcement

by vidhikabairathi

Wipro up 2%, ADR Down by 17% - Post Buy Back Announcement. 3Month performance of Wipro and its ADR. What is it, which is holding it in Indian Market ? and Why its ADR falling ? Or its an Arbitrage opportunity ? with spread of 19%    

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