WIPRO at 52 Week High; BSE 500 Index Up 1.0%

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WIPRO at 52 Week High; BSE 500 Index Up 1.0%
Mon, 14 Sep 10:07 AM

WIPRO share price has hit a 52-week high at Rs 299 (up 2.0%).

Meanwhile, the BSE 500 Index is at 15,184 (up 1.0%).

Among the top gainers in the BSE 500 Index today are WIPRO (up 2.0%) and MULTI COMMODITY (up 18.1%).

PTC INDIA LTD (down 7.5%) and CORPORATION BANK (down 3.9%) are among the top losers today.

Over the last one year, WIPRO has moved up from Rs 248 to Rs 299, registering a gain of Rs 51 (up 20.51%).

The BSE 500 has moved up from 14,288 to 15,184, registering a gain of 896 points (up 6.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 1222.7%), LAURUS LABS LTD (up 281.1%) and DIXON TECHNOLOGIES (up 279.9%).

New Opportunity: India's #1 Defence Stock

What About the Benchmark Indices?

The BSE Sensex is at 39,230 (up 0.7%). The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 6.3%), TECH MAHINDRA (up 2.8%) and TCS (up 2.2%). Other gainers include INFOSYS (up 2.2%) and INDUSIND BANK (up 1.1%). The most traded stocks in the BSE Sensex are HDFC and SBI.

In the meantime, NSE Nifty is at 11,563 (up 0.6%). HCL TECHNOLOGIES (up 5.7%) and TECH MAHINDRA (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,271 to 39,230, registering a gain of 1,959 points (up 5.0%).

WIPRO Financial Update...

WIPRO net profit down at Rs 24 billion for the quarter ended June 2020, compared to a loss of Rs 25 billion a year ago. Net Sales declined 3.6% to Rs 149.1 billion during the period as against Rs 154.7 billion in April-June 2019.

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 18.5x.

What else is happening in the markets today? Dig in...

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