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Wipro Ltd stays in demand

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Capital Market
Last Updated : Jun 13 2019 | 1:16 PM IST

Wipro Ltd is quoting at Rs 298.3, up 0.1% on the day as on 12:49 IST on the NSE. The stock is up 49.3% in last one year as compared to a 9.55% gain in NIFTY and a 18.4% gain in the Nifty IT.

Wipro Ltd rose for a fifth straight session today. The stock is quoting at Rs 298.3, up 0.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.55% on the day, quoting at 11840.2. The Sensex is at 39538.44, down 0.55%. Wipro Ltd has added around 4.81% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has added around 3.85% in last one month and is currently quoting at 16425.95, down 0.35% on the day. The volume in the stock stood at 28.52 lakh shares today, compared to the daily average of 81.44 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 296.9, flat on the day. Wipro Ltd is up 49.3% in last one year as compared to a 9.55% gain in NIFTY and a 18.4% gain in the Nifty IT index.

The PE of the stock is 23.61 based on TTM earnings ending March 19.

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First Published: Jun 13 2019 | 1:00 PM IST

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