Wipro gains on reporting 2% rise in Q3 consolidated net profit

20 Jan 2016

Wipro is currently trading at Rs. 542.65, up by 0.90 points or 0.17% from its previous closing of Rs. 541.75 on the BSE.

The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 545.15 and Rs. 534.05 respectively. So far 27869 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.90 on 11-Mar-2015 and a 52 week low of Rs. 512.55 on 24-Apr-2015.

Last one week high and low of the scrip stood at Rs. 551.35 and Rs. 531.00 respectively. The current market cap of the company is Rs. 133962.03 crore.

The promoters holding in the company stood at 73.36% while Institutions and Non-Institutions held 15.29% and 9.38% respectively.

The company has registered 0.61% rise in its net profit at Rs 2004.50 crore for the quarter under review, as compared to Rs 1992.30 crore for the same quarter in the previous year. Total income of the company has increased 7.79% at Rs 11941.50 crore for Q3FY16 as compared Rs 11078.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit rose 1.88% to Rs 2234.1 crore for the Q3 FY16 as compared to Rs 2192.8 crore in Q3 FY15. Moreover, the total income surged 7.83% to Rs 13574.3 crore in the quarter under review as compared to Rs 12588.6 crore in the corresponding quarter previous year.

 

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