This is the first instance of Wipro issuing bonus shares after 2019, when the company had issued one bonus share for every three shares held by

Wipro shares started trading on ex-bonus basis after the company announced a 1:1 bonus share issue. The record date to determine shareholder eligibility was set for December 3, 2024.

Under a 1:1 bonus issue, shareholders receive one additional equity share for every share held in the company.

Wipro's Q3FY25 guidance of minus 2 per cent to 1 per cent revenue growth in constant currency terms was muted. Analysts expect a gradual recovery in H2FY25 led by ramping of recently signed deals.

Wipro, a leading technology services and consulting firm, will issue bonus shares on November 3, Tuesday. As part of this, approximately 2.2 million small shareholders will be eligible to receive one bonus share for every share they hold,

Wipro shares were in the spotlight as they traded ex-date today for the company's announced 1:1 bonus issue. Check the record date and your eligibility for participation in the bonus payout

Wipro shares inched lower on December 3, trading ex-bonus. The stock dropped to as low as Rs 290.3 apiece on BSE. Earlier, the Bengaluru-based IT major declared a 1:1 bonus.

To illustrate the company's growth over the decades, consider this: if an investor had held 100 shares in Wipro in 1971, and had not sold or bought additional shares, they would have accumulated a staggering 682,667 shares today due to the company's various bonus issues.

If you are a Wipro shareholder as of Dec. 2., the allotment of bonus shares in your demat account will reflect on Dec. 4, a day after the record date.

Wipro stocks appeared down by 50%. However, the decline shown in certain brokerage platforms is not due to a genuine fall in the stock’s value.

Shares of Wipro are in focus today as the stock began trading ex-bonus. The IT major had announced a 1:1 bonus share issue, with December 3 as the record date for determining eligible shareholders.