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Wipro Ltd drops for fifth straight session

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Capital Market
Last Updated : Mar 14 2023 | 2:04 PM IST

Wipro Ltd is quoting at Rs 378.05, down 1.92% on the day as on 13:19 IST on the NSE. The stock tumbled 35.67% in last one year as compared to a 2.15% rally in NIFTY and a 18.17% fall in the Nifty FMCG index.

Wipro Ltd is down for a fifth straight session today. The stock is quoting at Rs 378.05, down 1.92% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.78% on the day, quoting at 17021. The Sensex is at 57784.35, down 0.78%.Wipro Ltd has eased around 7.2% in last one month.Meanwhile, Nifty FMCG index of which Wipro Ltd is a constituent, has eased around 7.16% in last one month and is currently quoting at 29267, down 1.87% on the day. The volume in the stock stood at 28.18 lakh shares today, compared to the daily average of 29.92 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 380.4, down 1.64% on the day. Wipro Ltd tumbled 35.67% in last one year as compared to a 2.15% rally in NIFTY and a 18.17% fall in the Nifty FMCG index.

The PE of the stock is 17.1 based on TTM earnings ending December 22.

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First Published: Mar 14 2023 | 1:35 PM IST

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