Wipro Ltd down for fifth straight session

Wipro Ltd is quoting at Rs 199.99, down 2.87% on the day as on 13:19 IST on the NSE. The stock tumbled 31.35% in last one year as compared to a 12.75% rally in NIFTY and a 23.43% fall in the Nifty IT index.

Wipro Ltd is down for a fifth straight session today. The stock is quoting at Rs 199.99, down 2.87% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.13% on the day, quoting at 25422.6. The Sensex is at 82225.5, down 1.28%.Wipro Ltd has lost around 14.83% in last one month.Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has eased around 22.3% in last one month and is currently quoting at 31550.5, down 5.03% on the day. The volume in the stock stood at 169.08 lakh shares today, compared to the daily average of 178.22 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 199.57, down 3.04% on the day. Wipro Ltd tumbled 31.35% in last one year as compared to a 12.75% rally in NIFTY and a 23.43% fall in the Nifty IT index.

The PE of the stock is 17.97 based on TTM earnings ending December 25.

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