Societe Generale buys 4.8 million shares of Wipro in a block deal for ₹186 crore

According to block deal data on BSE, Societe Generale bought a total of 48 lakh equity shares at Rs. 387 per share in aggregate 185.76 cr.

Also, in block dealBNP Paribas Arbitrage sold a similar 48 lakh equity shares in the company 387 per share.

on BSE, wipro stock closed on 388.85 flat as compared to previous close. The shares touched intraday high and low 389.15 each and 384.75 per share during trading hours. Its current market cap is over 2.13 lakh crores.

Wipro’s earnings per share (EPS) is currently 22.68, as per BSE.

In another development, Wipro launched a strategic cyber security consulting offering in Europe. This announcement comes on the heels of a series of acquisitions in the consulting space—Agile, Capco, and Empion—to create a global cybersecurity consulting offering to help clients stay ahead of a dynamic threat and regulatory environment. part of the firm’s vision for

Under this new offering, Wipro advisors based in Europe will work with clients to develop strategies and solutions that address unique challenges in this market, according to regulatory filings. Leveraging Wipro’s extensive global network of over 9,000 cyber security professionals, Wipro CRS Europe will help clients realize increased scale and speed in implementation.

During Q2FY23, Wipro reports 9.27% ​​yoy in consolidated net profit 2,659 crore, while the consolidated revenue grew by 14.6% 22,540 crores. IT Services operating margin for the quarter under review came in at 15.1%, a growth of 16 bps QoQ.

Wipro is a leading technology services and consulting company focused on creating innovative solutions that meet customers’ most complex digital transformation needs. The company has over 2.50 lakh employees and business partners in 66 countries.