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Wipro Ltd. shares rallied 1.85% to 187.00 Indian rupees Monday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 0.70% to 78,639.03.
Wipro Ltd. closed 31.54% short of its 52-week high of 273.15 rupees, which the company achieved on December 22nd.
The stock underperformed when compared to some of its competitors Monday, as MphasiS Ltd. rose 3.70% and Tata Consultancy Services Ltd. rose 4.57%. HCL Technologies Ltd. rose 2.23%.
Trading volume totaled 584,185, compared to the 50-day average of 1.5 million.
Data source: Dow Jones Market Data, FactSet