Wipro outperforms market despite losses on the day

Wipro Ltd. 507685,
shares inched down 0.04% to 388.85 Indian rupees Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1,
falling 0.17% to 61,702.29.

Wipro Ltd. closed 337.85 rupees short of its 52-week high (726.70 rupees), which the company reached on January 3.

The stock underperformed when compared to some of its competitors Tuesday, as MphasiS Ltd. MPHASIS,
rose 1.44% to 1,950.70 rupees and Tata Consultancy Services Ltd. TCS,
rose 1.31% to 3,243.95 rupees.

Trading volume (177,553) remained 405,589 below its 50-day average volume of 583,142.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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