In a regulatory filing, the company said it became aware of potentially abnormal activity within its network about 10 days back in respect of few of its employee accounts, who were “subjected to an advanced phishing campaign”.

The country's third-largest IT services company said it expects revenue from IT services business to be in the range of $2,046 million to $2,087 million for the quarter ending June 30, 2019 (Q1FY20).

The company, however, gave a tepid outlook for the first quarter of FY20, citing delays in starting out new projects. The firm also announced a mega buyback plan of Rs 10,500 crore at Rs 325 a share, making it the second such repurchase consecutively. The buyback price is 15.4 per cent higher than Tuesday's closing price on the NSE.

The Wipro chairman has done this by additionally earmarking all economic benefits for philanthropic purposes in about 34 per cent of the shares in Wipro (current market value at Rs 52,750 crore or $7.5 billion), held by certain entities controlled by him, the Foundation stated. Premji is also chairman of the Foundation.

Till 11:22 am, a combined 57.86 million equity shares, representing 1.3 per cent equity, of Wipro had changed hands on the National Stock Exchange (NSE) and BSE.

The name of the buyer and sellers could not be ascertained immediately.

“We have been working in that market for over 15 years. They are looking for transformation of industry in areas like oil and gas, health care, education and that would required a whole lot of talent,” said Anand Padmanabhan, president, strategic sales and geographies, Wipro. The company already has 1,200 IT professionals working in Saudi Arabia.

The company improved its operating margin by 5.6% to 19.8%.

in comparison, the S&P BSE Sensex was down 0.15 per cent at 36,320 points at 11:06 am. Wipro was trading close to its 52-week high of Rs 344 hit on December 13, 2018, on the BSE in intra-day trade.