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Promoters held 62.55 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 13.53 per cent and 7.64 per cent, respectively.

Dinesh Gupta, Co-founder, UnlistedZone said the company is trading around Rs 170-175 in the pre-IPO market. He expects IPO to be priced in the range of Rs 175-200 per share.

Add Wipro, target price Rs 740: HDFC Securities

Updated at : 2022-01-13 15:30:01

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Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 357075.37 Crore) operating in IT Software sector.

"The (revenue) growth forecast for FY2022 has been revised downward by 200 bps to 15-17 per cent from the earlier estimates due to the ongoing Omicron wave, delayed recovery in semi-conductors and muted two-wheelers and bus demand," Icra Assistant Vice President and Sector Head Vinutaa S said in a statement.

Defensive sectors lead European stocks lower

Updated at : 2022-01-13 15:20:01

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The pan-European STOXX 600 fell 0.2% as of 0825 GMT, with healthcare, food & beverage and travel stocks leading declines.

Piramal Ent. shares down 0.09% as Nifty gains

Updated at : 2022-01-13 14:35:01

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The stock quoted a 52-week high price of Rs 3013.0 and low of Rs 1303.6.

The meme coin has appreciated 2,50,00,000 per cent in the last one year. An investment of Rs 1,000 in the token would have turned into Rs 25,00,00,000 during the period. However, it is important to note that cryptocurrencies, especially meme coins, are a highly volatile investment.

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"The message for shareholders is that we are absolutely in the race. We are a growth-obsessed organisation."

Marico shares decline 1.16% as Sensex climbs

Updated at : 2022-01-13 14:20:01

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A total of 36,143 shares changed hands on the counter till 01:50PM (IST)

ACC shares drop 0.4% as Sensex falls

Updated at : 2022-01-13 13:25:01

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A total of 5,933 shares changed hands on the counter till 12:38PM (IST)

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