WIPRO at All Time High; BSE IT Index Up 1.6%
Tue, 17 Aug 11:40 AM

WIPRO share price has hit an all-time high at Rs 624 (up 1.4%).

Meanwhile, the BSE IT Index is at 33,410 (up 1.6%).

Among the top gainers in the BSE IT Index today are WIPRO (up 1.4%) and COFORGE (up 2.5%).

HEXAWARE TECHNOLOGIES and CYIENT (down 1.1%) are among the top losers today.

Over the last one year, WIPRO has moved up from Rs 277 to Rs 624, registering a gain of Rs 347 (up 124.9%).

The BSE IT has moved up from 18,262 to 33,410, registering a gain of 15,148 points (up 82.9%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were TATA ELXSI (up 363.7%), ECLERX SERVICES (up 275.5%) and FIRSTSOURCE SOLUTIONS (up 275.3%).

REVEALED: 3 "Super Smallcaps" You Didn't Know About

What About the Benchmark Indices?

The BSE Sensex is at 55,688 (up 0.2%). The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 3.6%), HCL TECHNOLOGIES (up 2.2%) and ASIAN PAINTS (up 1.8%). Other gainers include HUL (up 1.7%) and POWER GRID (up 1.5%). The most traded stocks in the BSE Sensex are TATA STEEL and POWER GRID.

In the meantime, NSE Nifty is at 16,591 (up 0.1%). The top gainers in the NSE Nifty include TECH MAHINDRA (up 3.6%), TATA CONSUMER (up 2.8%) and HCL TECHNOLOGIES (up 2.3%). Other gainers include ASIAN PAINTS (up 1.9%) and HUL (up 1.7%).

Over the last 12 months, the BSE Sensex has moved up from 38,310 to 55,688, registering a gain of 17,378 points (up 45.3%).

WIPRO Financial Update...

WIPRO net profit stood at Rs 32 billion for the quarter ended June 2021, compared to a profit of Rs 30 billion a year ago. Net Sales rose 17.9% to Rs 184.7 billion during the period as against Rs 156.7 billion in April-June 2020.

For the year ended March 2021, WIPRO reported 11.1% increase in net profit to Rs 108.6 billion compared to net profit of Rs 97.7 billion during FY20.

Revenue of the company grew 1.3% to Rs 619 billion during FY21.

The current Price to earnings ratio of WIPRO, based on rolling 12 month earnings, stands at 29.2x.



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

  

Stock Market Updates

Aug 17, 2021 10:56 AM

CENTRUM CAPITAL share price is trading down by 6% and its current market price is Rs 41. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are APOLLO HOSPITALS (up 6.8%) and TATA ELXSI (up 6.5%). The top losers are CENTRUM CAPITAL (down 6.1%) and DHFL (down 10.0%).

Aug 17, 2021 09:30 am

Asian share markets are mixed today as traders weighed the impact of delta virus variant on global growth.

Aug 17, 2021 09:44 AM

TECH MAHINDRA share price has hit an all time high at Rs 1,418 (up 3.5%). The BSE IT Index is up by 0.8%. Among the top gainers in the BSE IT Index today are TECH MAHINDRA (up 3.5%) and COFORGE (up 3.1%). The top losers include HEXAWARE TECHNOLOGIES and ORACLE FINANCIAL (down 0.1%).

Aug 17, 2021 09:30 AM

TATA CONSUMER share price has hit an all time high at Rs 817 (up 1.8%). The BSE FMCG Index is up by 0.5%. Among the top gainers in the BSE FMCG Index today are TATA CONSUMER (up 1.8%) and NESTLE (up 0.9%). The top losers include ITC and RADICO KHAITAN (down 0.2%).

Aug 17, 2021 09:30 AM

IPCA LABS share price has hit an all time high at Rs 2,475 (up 2.6%). The BSE HEALTHCARE Index is up by 0.7%. Among the top gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 2.6%) and SANOFI INDIA (up 0.1%). The top losers include ASTRAZENECA PHARMA and GRANULES INDIA (down 0.1%).

Aug 17, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

Aug 6, 2021

In this video, I'll tell you about a simple hack to increase your profits from day trading.

Aug 4, 2021

These stocks are good buys even at all-time high levels.

Aug 9, 2021

Is the worst behind for ITC now?

Aug 6, 2021

Retail investors showed great response to recently concluded IPOs. Another four offers open next week. Which one will you apply?

Aug 13, 2021

What are the best stocks to buy? Find out in this video...

More