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    france-based financial services company, societe generale, recently purchased about 48 lakh shares of which of the indian tech company?

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    get france-based financial services company, societe generale, recently purchased about 48 lakh shares of which of the indian tech company? from screen.

    Block Deal: Societe Generale bought 48 lakh shares of Wipro, while BNP Paribas offloads a stake

    Societe Generale, a France-based financial services company bought 48 lakh equity shares of IT giant Wipro for ₹ 185.76 crores in a block deal on Tuesday. The average price for the deal was ₹ 387 apiece according to data available on the Bombay Stock Exchange (BSE).  On the other hand, Paribas Arbitrage pared a stake. […]

    Block Deal: Societe Generale bought 48 lakh shares of Wipro, while BNP Paribas offloads a stake 

    by Trade Brains | Nov 23, 2022 | 6:45 pm | News, Trending News | 0 comments

    Societe Generale, a France-based financial services company bought 48 lakh equity shares of IT giant Wipro for ₹ 185.76 crores in a block deal on Tuesday. The average price for the deal was ₹ 387 apiece according to data available on the Bombay Stock Exchange (BSE).

    On the other hand, Paribas Arbitrage pared a stake. According to the block deals data available on the BSE, it sold a similar 48 lakh shares at an average price of ₹ 387 per share.

    Wipro’s shares saw a marginal impact. Its shares closed at ₹ 388.85 apiece on Tuesday and reached a high of ₹ 392.85 apiece on Wednesday, which is a 1.03% change.

    In another development, Wipro has launched a strategic cybersecurity consulting offering in Europe. This announcement is a part of the firm’s vision to build a global cybersecurity consulting offering to help clients stay ahead of a dynamic threat and regulatory environment. In fact, the company had a series of acquisitions in the consulting space —Edgile, Capco, and Ampion.

    Wipro is a leading IT company that is listed on the Indian stock exchanges as well as on the New York Stock Exchange. It provides consulting and business process services as well and is the fourth largest player in the Indian IT industry, following TCS, Infosys and HCL Technologies.

    The company has a market capitalization of ₹ 2,12,849 crores and is a large-cap company. It has a good return on equity of 20.18%. Wipro’s shares are trading at a price-to-equity ratio (P/E) of 18.91, which is much lower than the industry P/E of 28.44, indicating that the stock might be undervalued. It has a dividend yield of 20.56.

    Written by Simran Bafna To stay updated with the Latest Stock Market news, download our app here! For editorial purposes, contact [email protected]

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    स्रोत : tradebrains.in

    Societe Generale SA, GLE:PAR summary

    Latest Societe Generale SA (GLE:PAR) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more.

    Equities GLE:PAR

    Societe Generale SA

    PRICE (EUR) 24.35 TODAY'S CHANGE 0.270 / 1.12%

    Data delayed at least 15 minutes, as of Nov 24 2022 14:09 GMT.

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    Search FT.com for Societe Generale SA

    Key statistics

    As of last trade, Societe Generale SA (GLE:PAR) traded at 24.35, 32.74% above the 52 week low of 18.34 set on Mar 07, 2022.

    52-week range Today 18.34 Mar 07 2022 37.68 Feb 10 2022

    Markit short selling activity

    LowMedHigh Open 24.15 High 24.51 Low 24.15 Bid 24.34 Offer 24.35

    Previous close 24.08

    Average volume 2.91m

    Shares outstanding 849.88m

    Free float 805.29m P/E (TTM) 9.59

    Market cap 20.46bn EUR

    EPS (TTM) 2.51 EUR

    Annual div (ADY) 1.65

    EUR

    Annual div yield (ADY) 6.85%

    Div ex-date May 25 2022

    Div pay-date May 27 2022

    Data delayed at least 15 minutes, as of Nov 24 2022 14:09 GMT.

    1D 1W 1M 6M 1Y 5Y

    About the company

    Societe Generale SA is a France-based financial services group. The Group offers a wide range of advisory services and tailored financial solutions to secure transactions, protect and manage assets and savings, and help its c

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    स्रोत : markets.ft.com

    Societe Generale buys 48 lakh Wipro shares for ₹186 cr via block deal

    As per the block deal data on BSE, Societe Generale purchased a total of 48 lakh equity shares at a price of ₹387 per share aggregating to ₹185.76 crore.

    Societe Generale buys 48 lakh Wipro shares for ₹186 cr via block deal

    1 min read . Updated: 22 Nov 2022, 08:40 PM IST

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    At the same time, in the block deal, BNP Paribas Arbitrage sold a similar 48 lakh equity shares in the company at ₹387 per share.

    As per the block deal data on BSE, Societe Generale purchased a total of 48 lakh equity shares at a price of ₹387 per share aggregating to ₹185.76 crore.

    स्रोत : www.livemint.com

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