Today, Wipro shares jumped 1.1% after a big block deal took place on the stock exchange. What happened? Around 20.23 crore shares of Wipro — roughly 2% of the company — were bought and sold in a single large transaction. - Deal Value: ₹5,057.5 crore - Price per share: ₹250 (slightly above last closing price ₹248.59) What is a block deal? A block deal is a high-volume trade between two parties, often done by large investors like mutual funds or promoters. It happens in a special trading window (2:05–2:20 PM in this case) to avoid impacting the regular market. Market Impact: After the deal, Wipro stock rose to ₹251.38, up 1.1% on the NSE. This shows investor confidence or interest in the company. Other Positive News for Wipro: ✅ Won a multi-year contract with Entrust, a global cybersecurity firm ✅ Announced a ₹6 per share dividend, treated as final for FY25 ✅ Reported a 6.4% rise in net profit (₹3,569.6 crore in Q4 FY25) Caution Ahead: Despite the strong quarter, Wipro expects a 1.5%–3.5% revenue decline in Q1 FY26. 🔻 Revenue last quarter: $2.6 billion, down 1.2% QoQ and 2.3% YoY In short: A large investor moved big money in Wipro stock, which lifted the price. While profits are up and new deals are coming in, Wipro expects a slower start in the next quarter.

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