The blue-chip CSI300 index rose 0.2% to 4,629.16, while the Shanghai Composite Index gained 0.1% to 3,468.04.

“It has been a year of excellent growth. It has also been a year of many milestones; as an industry, we crossed $200 billion in revenue to touch $227 billion, which is a growth north of 15% on a year on year basis. Granted we had the benefit of at least one quarter if not two or three quarters of low base effect, but still it was a fantastic growth performance by the industry,” says Nasscom Vice-Chairman.

“Midcap and large cap software companies, especially more midcap companies, will continue to surprise as far as their topline growth rates are concerned and even smaller mid-sized projects for midcap companies can make a huge difference in their top line. If one wants to avoid inflation related issues, then of course, software is one sector,” says Dipan Mehta

The stock quoted a 52-week high price of Rs 442.95 and a 52-week low of Rs 261.1.

A total of 32,448 shares changed hands on the counter till 01:40PM (IST)

The Board of Directors of the company recommended a final dividend for the year 2021 of Rs 65/- per equity share. The record date for the purpose will be April 8. It will be paid on and from April 26.

The stock traded at a P/E multiple of 45.4, while the price-to-book value ratio stood at 1.58.

Since its listing, Tesla stock has given an unbelievable return of 24,000 per cent, jumping to $924 on Wednesday from $3.84 in July 2010.

Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 310816.16 Crore) operating in IT Software sector.

As of 31-Dec-2021, promoters held 27.45 per cent stake in the company, while FIIs held 14.58 per cent and domestic institutional investors had 6.87 per cent.