Key Highlights
- Wipro shares rose for the second consecutive day after a major ₹5,057 crore block deal.
- The block deal by Azim Premji Trust boosted investor confidence, driving Wipro’s share price higher.
Wipro's share price increased by over 1% on Tuesday, following a ₹5,057 crore transaction. Wipro shares were trading at ₹254.10 on the National Stock Exchange (NSE) on June 10 early trade.
Azim Premji Trust sold 20.23 crore equity shares worth over ₹5,057 crore in a block deal on Monday, June 9, 2025, according to official NSE data.
The entire block of shares was sold to three entities: Hasham Traders, Prazim Traders, and Prazim Trading and Investment Company Pvt Ltd, for an average price of ₹250 each.
On Monday, Hasham Traders purchased 11.9 crore equity shares, Prazim Traders bought 5.95 crore shares, and Prazim Trading and Investment Company Pvt Ltd bought 2.38 crore shares, all at an average price of ₹250 per share.
Also Read: Wipro Promoters Exchange 1.93% Stake Worth Over Rs 5,000 Cr
Wipro Q4 results 2025
For the fourth quarter ending March 2025, the fourth-largest IT services company reported a net profit of ₹3,570 crore, up 26% from ₹2,835 crore the previous year. The ₹3,290 crore profit surpassed analysts' projections.