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07-Jul2017

Wipro inches up on the bourses

Wipro is currently trading at Rs. 257.15, up by 0.05 points or 0.02% from its previous closing of Rs. 257.10 on the BSE.

The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 258.40 and Rs. 255.00 respectively. So far 33673 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 288.75 on 13-Jul-2016 and a 52 week low of Rs. 205.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 260.90 and Rs. 252.30 respectively. The current market cap of the company is Rs. 124987.02 crore.

The promoters holding in the company stood at 73.18%, while institutions and non-institutions held 16.73% and 8.02% respectively.

Wipro is reportedly mulling alternative proposals for its second project in Kolkata. The company will get back to the Bengal government after 'exploring newer opportunities' for its second campus in Kolkata.

The company's proposal to get an SEZ status for its second campus had been long pending. So far, the government has rejected all offers made by the IT major and West Bengal state government said it will not grant SEZ status to IT companies in line with their political posturing.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.


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