Wipro Underperforms Monday When Compared To Competitors

Dow Jones
2024-12-30

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Wipro Ltd. dropped 1.76% to 303.65 Indian rupees Monday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index falling 0.57% to 78,248.13.

Wipro Ltd. closed 16.30 rupees below its 52-week high (319.95 rupees), which the company reached on December 20.

The stock underperformed when compared to some of its competitors Monday, as MphasiS Ltd. rose 1.78% to 2,935.25 rupees and Tata Consultancy Services Ltd. fell 0.15% to 4,158.80 rupees.

Trading volume (926,401) remained 51,295 below its 50-day average volume of 977,696.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 30, 2024 05:31 ET (10:31 GMT)

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