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Wipro Ltd drops for fifth straight session

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Capital Market

Wipro Ltd is quoting at Rs 388.1, down 1.32% on the day as on 13:19 IST on the NSE. The stock tumbled 30.17% in last one year as compared to a 3.11% rally in NIFTY and a 11.82% fall in the Nifty FMCG index.

Wipro Ltd is down for a fifth straight session today. The stock is quoting at Rs 388.1, down 1.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.85% on the day, quoting at 17316.85. The Sensex is at 59066.22, down 0.67%.Wipro Ltd has eased around 3.52% in last one month.Meanwhile, Nifty FMCG index of which Wipro Ltd is a constituent, has eased around 0.82% in last one month and is currently quoting at 30514.9, down 2.19% on the day. The volume in the stock stood at 19.94 lakh shares today, compared to the daily average of 34.19 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 390, down 1.37% on the day. Wipro Ltd tumbled 30.17% in last one year as compared to a 3.11% rally in NIFTY and a 11.82% fall in the Nifty FMCG index.

The PE of the stock is 17.42 based on TTM earnings ending December 22.

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First Published: Feb 27 2023 | 1:35 PM IST

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