Wipro share price today: Wipro stock, which is the cheapest among the IT biggies in terms of price, is slowly heading towards its 52-week low hit on October 17, 2022.
Wipro stock has slipped 45%, emerging as the top loser among the IT giants this year. Wipro shares, which closed at Rs 715.20 on December 31, 2021, were trading at Rs 393.90 in the current session
Wipro stock, which closed at Rs 715.20 on December 31, 2021, is trading at Rs 396.40 in the current session. Market cap of Wipro fell to Rs 2.17 lakh crore on BSE
Shares of IT major Wipro below the Rs 400 mark today after the IT firm gave out a weak 3QFY23 revenue growth guidance during its Q2 earnings. A 9 per cent fall in the September quarter profit also dented investor sentiment. Net profit fell to Rs 2,659 crore in the September quarter compared with Rs 2,930.70 crore in the corresponding quarter last year. Subsequently, Wipro stock tumbled 6.01 per cent to Rs 383.25 against the previous close of Rs 407.75 on BSE. Wipro shares have lost 48 per cent from their 52-week high in comparison to the current market price.
Shares of IT major Wipro fell 6 per cent in early trade today after the firm reported a 9.27 per cent year-on-year (YoY) fall in net profit for the quarter ended September. Wipro stock tumbled 5.97 per cent to Rs 383.40 against the previous close of Rs 407.75 on BSE. Wipro shares have lost 48 per cent from their 52-week high in comparison to the current market price.