In a significant block deal transaction on Monday, 20.23 crore shares of Wipro Ltd. — accounting for approximately 2% of the company’s equity — changed hands for a total value of ₹5,057.5 crore. The trades were executed at ₹250 per share.
The identity of the buyers and sellers involved in the transaction remains undisclosed as of now. Market participants are closely watching for any regulatory disclosures that might shed light on the entities behind the trades.
Meanwhile, Wipro shares traded steady at ₹250 through the session, slightly up from the previous close of ₹248.59, reflecting a 0.57% gain despite the heavy volume movement.
The block deals come ahead of Wipro’s upcoming quarterly earnings and reflect continued institutional interest in the IT major.
