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Wipro Ltd extends recovery

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Wipro Ltd is quoting at Rs 261.9, up 2.79% on the day as on 12:54 IST on the NSE. The stock is up 20.56% in last one year as compared to a 14.65% gain in NIFTY and a 24.76% gain in the Nifty IT index.

Wipro Ltd rose for a third straight session today. The stock is quoting at Rs 261.9, up 2.79% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 11708.3. The Sensex is at 38983.6, up 0.8%. Wipro Ltd has dropped around 3.96% in last one month.

 

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has dropped around 1.21% in last one month and is currently quoting at 15628.2, up 1.44% on the day. The volume in the stock stood at 38.59 lakh shares today, compared to the daily average of 81.99 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 263.95, up 2.72% on the day. Wipro Ltd is up 20.56% in last one year as compared to a 14.65% gain in NIFTY and a 24.76% gain in the Nifty IT index.

The PE of the stock is 19.69 based on TTM earnings ending December 18.

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First Published: Apr 01 2019 | 1:05 PM IST

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