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Wipro Ltd: Bonus shares may be announced by the famous IT company Wipro Limited. The company’s board meeting will be held on October 17. The decision will be taken on this day whether the company will give bonus shares or not. Let us tell you, quarterly results can also be announced by Wipro on October 17.
Tarun Pratap Singh MintSun, 13 Oct 2024 12:26 PM sharepersonal loan
Bonus Share: Bonus share can be given by the famous IT company Wipro Ltd. In the information given to the exchange on Sunday, October 13, the company has said that the board will take a decision on the bonus shares on October 17. Let us tell you, on Friday, shares of Wipro Limited closed at the level of Rs 528.95 with a rise of 0.77 percent.
Announcement may be made on October 17
Wipro Ltd has told the exchange, “The Board of Directors of the company will decide on the bonus shares. The company meeting is proposed on 16-17 October. It is believed that if the company decides to give bonus shares, it can announce it along with the quarterly results.
Also read: Mukesh Ambani’s company will give one free share for every share, stocks will be in focus tomorrow
Wipro may announce quarterly results
The IT company can announce its quarterly results for July to September 2024 on October 17. Quarterly results may be announced by the company after the market closes.
How is the performance in the first quarter?
Wipro Limited had announced quarterly results on July 19, 2024. The company had informed in the information given to the stock markets that it had made a net profit of Rs 3003 crore during April to June. Which is 4.6 percent more on annual basis. Let us tell you, in the first quarter of the current financial year, the company’s revenue was Rs 21964 crore.
Also read: This stock of less than Rs 20 became rich, company in discussion due to bonus shares
How is the performance in the stock market?
Wipro’s share prices have seen a rise in the last one year. Whereas investors who have held the stock for 6 months have made a profit of 15 percent so far. However, the past one month has not been good from the investors’ point of view. During this period the stock had fallen by more than 4 percent. Let us tell you, 52 week high level of Wipro in BSE is Rs 580 and 52 week low level is Rs 375.
(This is not investment advice. The stock market is subject to risks. Before making any investment, please consult experts. Here, only information is given about the performance of the shares. does not give investment advice on this basis.)
