Wipro Ltd spurts 1.55%

Wipro Ltd is up for a third straight session in a row. The stock is quoting at Rs 245.43, up 1.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 25912.35. The Sensex is at 84598.03, up 0.87%. Wipro Ltd has risen around 0.12% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has risen around 4.31% in last one month and is currently quoting at 36116.9, up 2.04% on the day. The volume in the stock stood at 73.59 lakh shares today, compared to the daily average of 101.5 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 246.58, up 1.55% on the day. Wipro Ltd is down 13.73% in last one year as compared to a 9.99% spurt in NIFTY and a 13.02% spurt in the Nifty IT index.

The PE of the stock is 21.04 based on TTM earnings ending September 25.

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