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Wipro Ltd spurts 1.12%, rises for third straight session

Wipro Ltd is quoting at Rs 289.6, up 1.12% on the day as on 12:54 IST on the NSE. The stock is up 45.79% in last one year as compared to a 11.51% gain in NIFTY and a 18.06% gain in the Nifty IT index.

Wipro Ltd rose for a third straight session today. The stock is quoting at Rs 289.6, up 1.12% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Wipro Ltd has added around 0.47% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has added around 1.44% in last one month and is currently quoting at 15843.35, up 0.48% on the day. The volume in the stock stood at 28.5 lakh shares today, compared to the daily average of 57.2 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 289.4, up 1.05% on the day. Wipro Ltd is up 45.79% in last one year as compared to a 11.51% gain in NIFTY and a 18.06% gain in the Nifty IT index.

The PE of the stock is 22.72 based on TTM earnings ending March 19.

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