
Wipro Share Price Live Updates: Wipro's Current Market Position
10 Jun 2025 | 12:48:52 PM IST Welcome to the Wipro Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock. Stay ahead of the market with our in-depth coverage of Wipro, including: Last traded price 255.04, Market capitalization: 259882.12, Volume: 7405419, Price-to-earnings ratio 19.77, Earnings per share 12.54. Get a complete picture of Wipro's performance through our comprehensive blend of fundamental and technical indicators. Stay informed about breaking news that can influence the stock's trajectory. Our liveblog equips you with the knowledge and insights needed to make confident investment decisions. Don't miss out on the latest updates as Wipro continues to make waves in the market. The data points are updated as on 12:48:52 PM IST, 10 Jun 2025 Show more

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Mint
5 hours ago
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The IPO gamble: The odds seem stacked against investors
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Time of India
8 hours ago
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Wipro shares in focus after Rs 4,674 crore promoter stake reshuffle
This transaction follows another internal stake reshuffle executed on Monday, when Azim Premji Trust offloaded 20.23 crore equity shares, or a 1.93% stake in the Bengaluru-headquartered IT major. Wipro promoter group entities executed internal block deals worth Rs 4,674.77 crore on Wednesday. Around 18.05 crore shares changed hands among promoter arms such as Azim Premji Trust, Prazim Traders, and Zash Trader at ₹258.99 apiece. This marks the second internal reshuffle this week and follows similar moves in November 2024, reflecting ongoing stake realignments within the promoter group. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock performance and technical Strong Q4 earnings Shares of IT services major Wipro are likely to be in focus on Thursday, June 12, after promoter group entities carried out large block deals worth Rs 4,674.77 crore in the open market a day earlier, as per exchange to the block deal data on the National Stock Exchange (NSE), about 18.05 crore equity shares of Wipro, representing a 1.72% stake, were exchanged among the company's promoter entities on Wednesday. Azim Premji Trust sold the shares at an average price of Rs 258.99 per share, with Prazim Traders and Zash Trader, also part of the Wipro promoter group, picking up the stake at the same stock responded positively to the internal restructuring within the promoter group, rising 1.61% to close at Rs 258.95 on the BSE and ending 1.62% higher at Rs 259 on the transaction follows another internal stake reshuffle executed on Monday, when Azim Premji Trust offloaded 20.23 crore equity shares, or a 1.93% stake in the Bengaluru-headquartered IT major. The deal was valued at around Rs 5,057 crore. The shares were bought by Premji Invest through its arms—Prazim Trading and Investment Company, Hasham Traders, and Prazim Traders.A similar restructuring was seen in November 2024, when Premji Invest's Prazim Trading and Investment Company bought 8.49 crore shares, or a 1.6% stake, in Wipro for Rs 4,757 crore. Simultaneously, Prazim and Zash Traders sold an equivalent number of shares. Wipro shares have delivered mixed returns over different time frames. The stock is up 8.8% over the last year but has declined 16.2% in the past six months. In contrast, short-term sentiment appears to have turned positive: the stock has risen 7% over the past month and gained nearly 5% in the last the stock is trading above five of its eight key simple moving averages (SMA), including the 5-day, 10-day, 20-day, 30-day, and 50-day levels, indicating positive momentum in the near term. However, it remains below its 100-day, 150-day, and 200-day Relative Strength Index (RSI) stands at 63.2, suggesting the stock is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at 0.9 and remains above both the centre and signal lines, reinforcing the ongoing bullish in April reported a 26% year-on-year rise in consolidated net profit to Rs 3,570 crore for the March 2025 quarter, beating Street estimates of Rs 3,290 crore. Revenue from operations stood at Rs 22,504 crore, up 1% YoY and 0.8% sequentially. Profit after tax rose 6% compared to the preceding December quarter.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)


News18
9 hours ago
- News18
Stocks To Watch: Wipro, Maruti Suzuki, SBI, Bank of Baroda, Nazara Tech, NTPC, And Others
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