Wipro Bonus Share

Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held.

At least 12 cases of prescient messages about major Indian companies, including Dr. Reddy's, were found to have been posted in private WhatsApp groups.

ADRs are instruments denominated in US dollars and the underlying shares are that of a foreign company.

Wipro on Tuesday registered a marginal rise in net profitfor the March quarter and offered a muted outlook, but soughtto cheer investors by announcing a bonus issue and a likelyshare buyback.

Wipro also announced a 1:1 bonus share for shareholders, meaning shareholders with one share will get an additional share.

HCL Tech shares were up over 2 per cent after the IT major said it will consider issuing bonus shares. Infosys and TCS, which had reported numbers earlier, saw some profit taking and were down between 0.5 to 1 per cent.

Wipro stock, which went ex-bonus from today, ended 2 per cent higher in a flat broader market in which other IT stocks finished mostly lower. The Sensex ended 0.43 per cent higher. A share is described as ex-bonus when the buyer is not entitled for the bonus. Wipro on Monday had announced a deal to offer legal process outsourcing services t...

Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held.

At least 12 cases of prescient messages about major Indian companies, including Dr. Reddy's, were found to have been posted in private WhatsApp groups.

ADRs are instruments denominated in US dollars and the underlying shares are that of a foreign company.

Wipro on Tuesday registered a marginal rise in net profitfor the March quarter and offered a muted outlook, but soughtto cheer investors by announcing a bonus issue and a likelyshare buyback.

Wipro also announced a 1:1 bonus share for shareholders, meaning shareholders with one share will get an additional share.

HCL Tech shares were up over 2 per cent after the IT major said it will consider issuing bonus shares. Infosys and TCS, which had reported numbers earlier, saw some profit taking and were down between 0.5 to 1 per cent.

Wipro stock, which went ex-bonus from today, ended 2 per cent higher in a flat broader market in which other IT stocks finished mostly lower. The Sensex ended 0.43 per cent higher. A share is described as ex-bonus when the buyer is not entitled for the bonus. Wipro on Monday had announced a deal to offer legal process outsourcing services t...