Wipro Share latest news today, share is up by 4% today. The stock rebounded from the support level of 407 and traded near the level of 423.
Wipro signed an agreement for a stake in FPEL, to enhance the usage of renewable energy and completed its equity share capital of FPEL, a renewable energy company for consideration of Rs6.3 crore.
This project helps us to move closer toward our mission of net zero emissions by 2040 and 100% renewable energy for purchased electricity by 2030.
Wipro share price today
Wipro shares opened today at the 409 level and yesterday closed at 407.75, after a flat opening stock gave a breakout and we are now trading near 422 levels and wipro made a high of 423.95.
Wipro shares 52-W HIGH and 52-W LOW
The 52-W high of wipro stock is 443.75 and the 52-W low of wipro stock is 352.
Wipro share technical analysis
stock has given the breakout after the consolidation of 7 days and now we can move towards the levels of 443/445 in the coming days. Stock must not come back under the 411 levels, otherwise, this breakout is a fake one.
F&O data suggest a long buildup in the stock, Wipro is trading above all short-term moving averages and volume is good, retrace towards 415 zones can give you a buying opportunity and the Daily RSI of Wipro stock is 56 which is neither overbought nor oversold.