Wipro Share Price Today on 05-11-2024: Wipro share price are up by 0.6%, Nifty up by 0.91%
Wipro Share Price Today on 05-11-2024: On the last trading day, Wipro's stock opened at ₹543.55 and closed slightly higher at ₹543.65. The stock reached a high of ₹545.15 during the day, while the lowest price recorded was ₹540.55. Overall, the stock showed a modest increase, reflecting slight upward movement within a narrow trading range.
Wipro Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Wipro shares are trading at price ₹543.65, 0.6% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹545.15 and a low of ₹540.55 during the day.
On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at 5,10 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 557.89 |
| 10 | 552.02 |
| 20 | 542.79 |
| 50 | 536.32 |
| 100 | 524.11 |
| 300 | 503.91 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹546.33, ₹548.32, & ₹551.28, whereas it has key support levels at ₹541.38, ₹538.42, & ₹536.43.
Wipro Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Wipro was -35.13% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 14.43% & ROA of 9.55% respectively.The current P/E of the stock is at 24.13 & P/B is at 3.45.
The median 1-year forecasted upside in this share is at 3.80% with a target price of ₹523.00.
The company has a 0.00% promoter holding, 4.35% MF holding, & 7.27% FII holding as per filings in the september quarter.
The MF holding has decreased from 4.64% in june to 4.35% in the september quarter.
The FII holding has increased from 7.12% in june to 7.27% in the september quarter.
Wipro share price up 0.6% today to trade at ₹543.65 while its peers are mixed. Its peers such as Zomato, Info Edge India are falling today, but its peers Firstsource Solutions, Eclerx Services are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.91% & 0.88% each respectively.
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