Wipro falls Thursday, underperforms market

Shares of Wipro Ltd. 507685,
-0.68%
inched down 0.68% to 403.70 Indian rupees Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index 1,
+0.26%
rising 0.26% to 62,570.68.

Wipro Ltd. closed 323.00 rupees short of its 52-week high (726.70 rupees), which the company reached on January 3.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as MphasiS Ltd. MPHASIS,
+0.49%
rose 0.49% to 2,080.45 rupees and Tata Consultancy Services Ltd. TCS,
-0.89%
fell 0.89% to 3,350.55 rupees.

Trading volume (353,000) remained 255,720 below its 50-day average volume of 608,720.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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