Wipro News

Wall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global market concerns. Indian IT stocks led a domestic market rally, reversing a losing streak. Sensex and Nifty closed higher. Markets are cautiously optimistic despite ongoing Israel-Iran tensions, hoping for oil price stabilization after recent escalations.

Indian benchmark indices ended in the green on Monday, supported by gains in IT and financial stocks, after two sessions of declines triggered by tensions between Israel and Iran. Investor sentiment improved as global markets showed signs of resilience and oil prices cooled from last week's spike.

DB Realty, Oswal Agro Mill, Nazara Technologies, Narayana Hruday and Ishan Dyes Chem, hit their fresh 52-week highs during the day.

Adani Ports SEZ, SBI, ITC, IndusInd Bank and Hindalco were among the top losers on NSE in today's trade.

Amid escalating Israel-Iran tensions, Adani Ports and 12 other Indian companies with Israeli ties have come under the spotlight. Adani Ports fell 3% due to its Haifa Port exposure, while firms like TCS, L&T, Sun Pharma, and ONGC also saw market action.

Adani Ports SEZ, Shriram Finance, SBI Life, UltraTech Cem. and Bajaj Finserv were among the top losers on NSE.

Press Release - U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Azim Premji Trust

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Azim Premji Trust

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Azim Hasham Premji Partner Hasham Traders

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prazim Traders

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prazim Trading & Investment Company Pvt Ltd

Wipro promoter group entities executed internal block deals worth Rs 4,674.77 crore on Wednesday. Around 18.05 crore shares changed hands among promoter arms such as Azim Premji Trust, Prazim Traders, and Zash Trader at ₹258.99 apiece. This marks the second internal reshuffle this week and follows similar moves in November 2024, reflecting ongoing stake realignments within the promoter group.

Amid market volatility, promoter entities exchanged Wipro shares. Vijay Kedia invested in Advait Energy, while Bank of Baroda bid for Jet Airways' office space. HDFC Bank faces scrutiny over loan claims. NTPC raised funds for expansion, and ICICI Bank divested its stake in NIIT-IFBI. Zydus Life received US FDA approval, and NCLT approved Maruti Suzuki's merger.

Around 18.05 crore Wipro shares, representing a 1.72 per cent stake, were transacted among promoter group entities via open market deals. Azim Premji Trust sold shares to Prazim Traders and Zash Trader at an average price of Rs 258.99 per share, amounting to Rs 4,674.77 crore. Following the transaction, Wipro's shares experienced an increase, closing at Rs 258.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Hon''ble National Company Law Tribunal (NCLT), Bengaluru bench vide its order dated June 6, 2025, has approved the Scheme of Amalgamation and Merger. Appointed date of the Scheme is April 1, 2025. The Company received intimation to this effect on June 11, 2025.

Shriram Finance, Power Grid, Adani Ent., Adani Ports SEZ and BEL were among the top losers on NSE in today's trade.

Wockhardt, Prabha Energy, Capital India Fin, Camlin Fine Sc and Sundaram Finance, hit their fresh 52-week highs during the day.

The NSE Nifty index closed 37.16 points up at 25141.4

Oriental Carbon saw Bank of America buying shares. Maruti Suzuki is adjusting its e VITARA production. IndiGo is launching flights to Almaty, Tashkent, and Tbilisi. IIFL Finance plans to raise funds through debentures. Texmaco Rail secured an order from Mumbai Railway Vikas Corporation. Wipro extended its partnership with Metro AG. Kaynes Technology's subsidiary made an asset purchase agreement.

Press Release - Metro Renews Strategic Partnership with Wipro to Further Strengthen IT Operations

Wipro share price: Azim Premji Trust sold over 20 crore shares worth Rs 5,057 crore via a block deal. Buyers included Hasham Traders and Prazim Traders. The shares were sold at Rs 250 apiece — a 0.6% premium over Friday’s closing price of Rs 248.59.

Markets opened positively, building on Friday's gains. Wipro's promoter sold shares worth ₹5,057 crore, while Motilal Oswal faced a Sebi fine. Jana SFB applied to become a universal bank. Tech Mahindra's Americas President retired, and Force Motors saw a CFO change as well. AstraZeneca Pharma India also announced MD's resignation.

Wipro share sale: Azim Premji Trust sold 20.23 crore Wipro shares for ₹5,057 crore via block deals on Monday. Hasham Traders and Prazim Traders acquired the stake, while Wipro stock closed higher post the deal amid strong Q4 earnings and stable outlook.

Press Release - Wipro Strengthens Middle East Presence with New Regional Headquarters in Riyadh

Newspaper Advertisement - Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Allotment of Equity Shares

Grant of Restricted Stock Units

Under the agreement, Wipro will assist Entrust in expanding operations and speeding up growth by offering services in product development, infrastructure management, and application modernisation. Wipro will enhance application security by using advanced analytics to detect vulnerabilities and provide actionable insights for smarter software development.

Markets experienced a slight downturn amid volatility, influenced by weak cues. Tata Technologies saw TPG likely selling a stake via block deal, while Ola Electric witnessed Citigroup acquiring shares. Nestle's permanent employee count decreased despite increased capital expenditure, and Wipro secured a multiyear deal to drive growth through AI-powered tech services.

Press Release - Entrust Selects Wipro to Accelerate Growth Strategy

The Nifty IT index closed 0.7 per cent down at 37061.85.

Shares of Indian IT companies tumbled sharply amid renewed US-China trade tensions, with Mphasis leading losses, dropping 6.5% after FedEx ended its long-term deal. Persistent Systems, Tech Mahindra, and Wipro also fell. The Nifty IT index slipped over 1%, reflecting investor concerns over the escalating trade conflict and its impact on IT exports tied to the US market.

The Nifty IT index was trading 0.8 per cent down at 37022.4.

Press Release - Wipro Unveils its Global "Wipro Innovation Network" to Accelerate Co-Innovation with Clients

Wipro Ltd is showing signs of recovery after a 22% drop from its January 2025 high, finding support above its 200-week exponential moving average. Technical analysts suggest short-term traders consider buying on dips, targeting Rs 265 in the coming weeks. The stock has rebounded from a key Fibonacci retracement level, indicating a potential continuation of the uptrend.

Grant of Restricted Stock Units - Revised Intimation

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that Wipro (Tianjin) Limited has been incorporated as a step-down subsidiary of Wipro Limited (the "Company") with effect from May 23, 2025. The Company received intimation to this effect on May 27, 2025.

Grant of Restricted Stock Units

Press Release - CISOs Increasingly Rely on AI to Navigate Cost Pressures and Enhance Resilience: Wipro Report