The Wipro scrip is currently valued at Rs 472.9 per share, and at roughly this value, the transferred shares will amount to a whopping Rs 483 crore. Tech magnate Azim Premji's son Rishad Premji currently helms Wipro as its Executive Chairman, and is a prominent face of the IT industry.
Wipro shares have declined 11% from their 52 week high of Rs 443.60 hit on September 15 this year. The IT stock hit an all-time high of Rs 726.70 on January 3, 2022.
Wipro share price today: Wipro stock hit an all-time high of Rs 726.70 on January 3, 2022. Wipro shares closed on a flat note at Rs 382.05 in the previous session, falling 47.42% from record high during the period.
Stocks market today: Benchmark indices ended higher for the second consecutive session on September 4 amid buying across the sectors. Coal India, Wipro, HCL Technologies, UltraTech Cement and Tata Steel are among the top gainers on the Nifty, while losers included Axis Bank, M&M, Bajaj Auto, ITC and Asian Paints. Watch this Visual Story to check buzzing stocks on Monday.