Wipro Underperforms Monday When Compared To Competitors

Dow Jones

Nov 04, 2024

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

Shares of Wipro Ltd. slid 1.95% to 540.40 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index falling 1.18% to 78,782.24.

Wipro Ltd. closed 39.60 rupees below its 52-week high (580.00 rupees), which the company reached on July 19.

The stock underperformed when compared to some of its competitors Monday, as MphasiS Ltd. fell 0.83% to 2,870.15 rupees and Tata Consultancy Services Ltd. fell 0.50% to 3,964.15 rupees.

Trading volume (308,572) remained 280,139 below its 50-day average volume of 588,711.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 04, 2024 05:32 ET (10:32 GMT)

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