Wipro Underperforms Monday When Compared To Competitors

Dow Jones

Jan 27, 2025

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

Wipro Ltd. shares dropped 3.75% to 308.05 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index falling 1.08% to 75,366.17.

Wipro Ltd. closed 16.50 rupees below its 52-week high (324.55 rupees), which the company reached on January 23.

The stock underperformed when compared to some of its competitors Monday, as MphasiS Ltd. fell 2.40% to 2,937.10 rupees and Tata Consultancy Services Ltd. fell 2.10% to 4,065.15 rupees.

Trading volume (1.0 M) eclipsed its 50-day average volume of 745,600.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 27, 2025 05:31 ET (10:31 GMT)

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