Bonus Shares:Bonus shares can be given by the famous IT company Wipro Ltd. The company has informed the exchange on Sunday, 13 October, that the board will decide on bonus shares on 17 October. Let us tell you, on Friday, the shares of Wipro Ltd closed at Rs 528.95 with a rise of 0.77 percent.
May be announced on October 17
Wipro Limited has told the exchange, "The company's board of directors will decide on bonus shares. The company's meeting is proposed on October 16-17." It is believed that if the company decides to give bonus shares, then it can announce it along with the quarterly results.
Quarterly results may be announced by Wipro
The IT company may announce the quarterly results for July to September 2024 on October 17. The quarterly results may be announced by the company after the market closes.
How is the performance in the first quarter?
On 19 July 2024, Wipro Limited announced its quarterly results. The company had informed the stock markets that it had a net profit of Rs 3003 crore during April to June. Which is 4.6 percent more on an annual basis. Let us tell you, in the first quarter of the current financial year, the company's revenue was Rs 21964 crore.
How is the stock market performing?
In the last one year, the price of Wipro's shares has seen a rise. While investors who have held the stock for 6 months have gained 15 percent so far. However, the last one month was not good from the investors' point of view. During this period, the stock fell by more than 4 percent. Let us tell you, Wipro's 52 week high in BSE is Rs 580 and 52 week low level is Rs 375.
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