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Wipro Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 255.95, down 1.04% on the day as on 13:19 IST on the NSE. Wipro Ltd tumbled 0.35% in last one year as compared to a 12.41% rally in NIFTY and a 35.21% spurt in the Nifty IT index.

Wipro Ltd fell for a fifth straight session today. The stock is quoting at 255.95, down 1.04% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 10763.6. The Sensex is at 35499, up 0.19%.Wipro Ltd has eased around 2.85% in last one month.Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has increased around 2.13% in last one month and is currently quoting at 13771.7, down 0.14% on the day. The volume in the stock stood at 12.32 lakh shares today, compared to the daily average of 25.51 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 256.5, down 1% on the day. Wipro Ltd tumbled 0.35% in last one year as compared to a 12.41% rally in NIFTY and a 35.21% spurt in the Nifty IT index.

The PE of the stock is 15.17 based on TTM earnings ending March 18.

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First Published: Jun 22 2018 | 1:35 PM IST

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