WIPRO Surges by 8%; BSE IT Index Up 8.1%

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Markets will remain closed on 6th April, 2020 on account of Mahavir Jayanti.

WIPRO Surges by 8%; BSE IT Index Up 8.1%
Fri, 20 Mar 12:10 PM

WIPRO share price has zoomed 8% and is presently trading at Rs 176.

Meanwhile, the BSE IT Index is at 12,319 (up 8.1%).

Among the top Gainers in the BSE IT Index today are WIPRO (up 8.0%) and TCS (up 9.1%).

Over the last one year, WIPRO has moved down from Rs 258 to Rs 176, registering a loss of Rs 82 (down 32.1%).

On the other hand, the BSE IT has moved down from 15,125 to 12,319, loss of 2,806 points (down 18.6%) during the last 12 months.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 29,198 (up 3.0%).

The top gainers among the BSE Sensex stocks today are ONGC (up 12.3%), HCL TECHNOLOGIES (up 9.6%) and TCS (up 9.1%). Other gainers include TECH MAHINDRA (up 8.0%) and HUL (up 7.7%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 8,560 (up 3.5%). The top gainers in the NSE Nifty include ONGC (up 13.1%), GAIL (up 12.2%) and TCS (up 10.1%). Other gainers include HCL TECHNOLOGIES (up 9.6%) and BHARTI INFRATEL (up 8.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 29,198, registering a loss of 9,165 points (down 24.04%).

WIPRO Financial Update...

WIPRO net profit down at Rs 25 billion for the quarter ended December 2019, compared to a loss of Rs 25 billion a year ago. Net Sales rose 2.7% to Rs 154.7 billion during the period as against Rs 150.6 billion in October-December 2018.

For the year ended March 2019, WIPRO reported 12.7% increase in net profit to Rs 90.2 billion compared to net profit of Rs 80.0 billion during FY18.

Revenue of the company grew 7.5% to Rs 586 billion during FY19.

The current Price to earnings ratio of WIPRO, based on rolling 12 month earnings, stands at 10.6x.

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Stock Market Updates

Sensex Ends 674 Points Lower; Banking and Finance Stocks Witness Selling (Today's Market)

Apr 3, 2020 Closing

Indian share markets witnessed selling pressure throughout the day and ended lower. Investors were worried about the economic impact and uncertainty over the coronavirus pandemic.

NOCIL Plunges by 5%; BSE 500 Index Down 1.8% (Today's Market)

Apr 3, 2020 03:33 PM

NOCIL share price has plunged by 5% and its current market price is Rs 68. The BSE 500 is down by 1.8%. The top gainers in the BSE 500 Index are GUJARAT ALKALIES (up 13.9%) and LUPIN (up 13.4%). The top losers are NOCIL (down 5.2%) and 3M INDIA (down 5.0%).

INDIAN ENERGY EXCHANGE LTD Surges by 5%; BSE POWER Index Down 0.3% (Today's Market)

Apr 3, 2020 03:31 PM

INDIAN ENERGY EXCHANGE LTD share price has surged by 5% and its current market price is Rs 137. The BSE POWER is down by 0.3%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE LTD (up 5.4%) and RELIANCE INFRA (up 5.0%). The top losers are KALPATARU POWER (down 0.1%) and TORRENT POWER LTD (down 0.3%).

LIC HOUSING Plunges by 5%; BSE 500 Index Down 1.8% (Today's Market)

Apr 3, 2020 03:27 PM

LIC HOUSING share price has plunged by 5% and its current market price is Rs 234. The BSE 500 is down by 1.8%. The top gainers in the BSE 500 Index are LUPIN (up 14.0%) and RAJESH EXPORTS (up 11.7%). The top losers are LIC HOUSING (down 5.2%) and MARUTI SUZUKI (down 5.4%).

AJANTA PHARMA Plunges by 5%; BSE HEALTHCARE Index Up 3.5% (Today's Market)

Apr 3, 2020 03:27 PM

AJANTA PHARMA share price has plunged by 5% and its current market price is Rs 1,414. The BSE HEALTHCARE is up by 3.5%. The top gainers in the BSE HEALTHCARE Index are LUPIN (up 14.0%) and SUN PHARMA (up 9.4%). The top losers are AJANTA PHARMA (down 5.1%) and STRIDES PHARMA SCIENCE (down 5.3%).

PERSISTENT SYSTEMS Plunges by 7%; BSE IT Index Down 2.7% (Today's Market)

Apr 3, 2020 03:25 PM

PERSISTENT SYSTEMS share price has plunged by 7% and its current market price is Rs 545. The BSE IT is down by 2.7%. The top gainers in the BSE IT Index are ORACLE FINANCIAL (up 5.0%) and ECLERX SERVICES (up 3.0%). The top losers are PERSISTENT SYSTEMS (down 7.0%) and L&T TECHONOLOGY (down 6.0%).

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