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Wipro Ltd drops for fifth straight session

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Capital Market
Last Updated : Jan 07 2019 | 1:50 PM IST

Wipro Ltd is quoting at Rs 323.55, down 0.28% on the day as on 13:19 IST on the NSE. The stock jumped 3.99% in last one year as compared to a 1.78% rally in NIFTY and a 21.34% spurt in the Nifty IT index.

Wipro Ltd fell for a fifth straight session today. The stock is quoting at 323.55, down 0.28% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 10813.2. The Sensex is at 35996.18, up 0.84%.Wipro Ltd has eased around 0.93% in last one month.Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has eased around 0.9% in last one month and is currently quoting at 14146.15, up 1.02% on the day. The volume in the stock stood at 11.42 lakh shares today, compared to the daily average of 36.9 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 323.6, down 0.09% on the day. Wipro Ltd jumped 3.99% in last one year as compared to a 1.78% rally in NIFTY and a 21.34% spurt in the Nifty IT index.

The PE of the stock is 20.65 based on TTM earnings ending September 18.

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First Published: Jan 07 2019 | 1:35 PM IST

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