By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Wipro share price continues to rise for second day after block deal. Do you own? | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Wipro share price continues to rise for second day after block deal. Do you own? | Stock Market News
Business

Wipro share price continues to rise for second day after block deal. Do you own? | Stock Market News

Last updated: June 10, 2025 10:02 am
9 months ago
Share
SHARE


IT giant Wipro share price surged for second consecutive day over 1 per cent in Tuesday’s trading session after ₹5,057 crore worth equity changed hands on Monday, June 9.

At 9:40 am, Wipro share price was trading at ₹254.10 apiece on National Stock Exchange (NSE) on June 10.

Azim Premji Trust offloaded 20.23 crore equity shares valued at over ₹5,057 crore via a block deal on Monday, 9 June 2025, as per official data from the NSE.

The transaction was executed at an average price of ₹250 per share, with the entire block of shares being sold to three entities: Hasham Traders, Prazim Traders, and Prazim Trading and Investment Company Pvt Ltd.

On Monday, Hasham Traders acquired 11.9 crore equity shares, while Prazim Traders purchased 5.95 crore shares, and Prazim Trading and Investment Company Pvt Ltd bought 2.38 crore shares — all at an average price of ₹250 per share.

Wipro Q4 results 2025

The fourth-largest IT services company reported a net profit of ₹3,570 crore for the fourth quarter ending March 2025, a 26% increase from ₹2,835 crore in the same period last year. This profit surpassed analysts’ expectations of ₹3,290 crore.

Revenue from operations for the quarter grew by 1% year-on-year (YoY) to ₹22,504 crore, compared to ₹22,208 crore in the previous year.

The IT services segment generated revenue of $2,596.5 million in the fourth quarter, showing a decline of 1.2% quarter-on-quarter (QoQ) and 2.3% YoY. In constant currency terms, IT services revenue decreased by 0.8% QoQ and 1.2% YoY.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Access Denied

Access Denied

Access Denied

Access Denied

Access Denied

TAGGED:Indian stock marketStock market todayWipro block deal 2025Wipro block deal newsWipro share priceWipro share price todayWipro shares
Share This Article
Facebook Twitter Email Print
Previous Article MORNING BID EUROPE-Investors itching for progress in US-China talks | Stock Market News
Next Article Muthoot Finance share price hits record high, rallies 25% in eight sessions. Should you buy or sell? | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS