Stock market analyst Mitesh Thacker has maintained 'buy' rating on Wipro Ltd stock to achieve a short term target that lies between Rs 480-490.
According to analyst, the interested investors can buy the stock with a strict stop loss of Rs 436.
Today, the stock of the company opened at Rs 449 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 451.80 and a low of Rs 327.85 on BSE.
Current EPS & P/E ratio stood at 20.03 and 22.36 respectively.
Wipro Ltd has been named as a novel associate of the international Dow Jones Sustainability Index (DJSI).
DJSI is the international pointer, which tracks the financial recital of firms having brilliant performance on sustainability.
The Global DJSI for the existing year consists of 318 companies from allover the world.
Wipro Technologies and Oracle made announcement about the launching of a combined development plan on next-gen Oracle Fusion Applications.
Moreover, the Central Bank of India and Wipro inked a 5 year total outsourcing deal with the aim to offer up high-tech, tech-driven, core banking solution for 7 sponsored Regional Rustic banking institutions.