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Wipro Ltd sees good buying

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Capital Market
Last Updated : May 27 2021 | 2:04 PM IST

Wipro Ltd is quoting at Rs 537.45, up 1.93% on the day as on 12:49 IST on the NSE. The stock is up 169.6% in last one year as compared to a 61.58% jump in NIFTY and a 94.5% jump in the Nifty IT.

Wipro Ltd is up for a fifth straight session today. The stock is quoting at Rs 537.45, up 1.93% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 15334.45. The Sensex is at 51088.2, up 0.14%. Wipro Ltd has gained around 9.84% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has gained around 5.1% in last one month and is currently quoting at 26857.3, up 1.59% on the day. The volume in the stock stood at 88.85 lakh shares today, compared to the daily average of 103.6 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 537.4, up 1.86% on the day. Wipro Ltd is up 169.6% in last one year as compared to a 61.58% jump in NIFTY and a 94.5% jump in the Nifty IT index.

The PE of the stock is 28.71 based on TTM earnings ending March 21.

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First Published: May 27 2021 | 1:00 PM IST

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