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.
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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 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. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
HEG share price is trading up by 5% and its current market price is Rs 2,177. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 5.3%) and GRAPHITE INDIA (up 7.5%). The top losers are KALPATARU POWER (down 0.1%) and HONEYWELL AUTOMATION (down 0.4%).
BANK OF MAHARASHTRA share price is trading up by 6% and its current market price is Rs 24. The BSE BANKEX is up by 1.0%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.9%). The top losers is KOTAK MAHINDRA BANK (down 0.3%).
ADANI PORTS & SEZ share price is trading down by 5% and its current market price is Rs 755. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are ADANI PORTS & SEZ (down 5.3%) and MAH. SCOOTERS (down 5.2%).
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