Stock Radar: 50% rally in a year! This largecap IT stock hit fresh 52-week high in November; time to book profits?
- Posted on November 14, 2024
- By Business News Today
- 1 Views
Stock Radar: 50% rally in a year! This largecap IT stock hit fresh 52-week high in November; time to book profits?
The IT stock climbed from Rs 381 on November 13, 2023, to Rs 570 on November 12, 2024, marking a 49.6% gain over the year. Riding this momentum, Wipro reached a 52-week high of Rs 583 on November 11, 2024. After testing the 100-DMA in August, the stock rebounded steadily, trading within an Ascending Channel pattern.
