12-02-2024 04:52 PM | Source: Accord Fintech
Wipro trades higher on the BSE

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Wipro is currently trading at Rs. 500.30, up by 10.00 points or 2.04% from its previous closing of Rs. 490.30 on the BSE.

The scrip opened at Rs. 490.70 and has touched a high and low of Rs. 510.65 and Rs. 490.70 respectively. So far 801339 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 526.45 on 15-Jan-2024 and a 52 week low of Rs. 351.85 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 501.60 and Rs. 479.30 respectively. The current market cap of the company is Rs. 262683.88 crore.

The promoters holding in the company stood at 72.90%, while Institutions and Non-Institutions held 14.83% and 9.91% respectively.

Wipro has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 16.17% fall in its net profit at Rs 2,022.90 crore for the quarter ended December 31, 2023 as compared to Rs 2,413.10 crore for the same quarter in the previous year. Total income of the company decreased by 4.74% at Rs 16,909.10 crore for Q3FY24 as compared Rs 17,751.20 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 11.89% fall in net profit at Rs 2,700.60 crore for Q3FY24 as compared to Rs 3,065.00 crore for the same quarter in the previous year. Total income of the company decreased by 4.49% at Rs 22,803.00 crore for Q3FY24 as compared Rs 23,875.50 crore for the corresponding quarter previous year.