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Stuck in Wipro shares since one year? Here s how long they can take to double your money

Infosys vs Wipro vs TCS: Which IT stock can emerge as a value buy in 2023?

The correction in Indian IT stocks such as Wipro, Infosys and TCS this year has left investors confused about the positions they should take to achieve maximum returns from their portfolios. Among the three IT bellwethers, Wipro stock has slipped the most, declining 45% this year. Wipro shares which closed at Rs 715.20 on December 31, 2021 were trading at Rs 394.95 in the current session. On the other hand, Infosys stock has lost 18.19% and shares of TCS have tumbled just 11.45% in 2022. In a time-span of one year too, Wipro has emerged as the top loser falling 38%, followed by Infosys (11%) and TCS (7.3%).

Wipro shares settle higher, halt 6-day losing run Here s what analysts say

Wipro share price: At today's high level of Rs 397.45, the stock was down 45.30 per cent from its 52-week high of Rs 726.70, hit on January 3, 2022. That said, the scrip is quoting 6.73 per cent above its one-year low of Rs 372.40 hit in October this year.

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