Wipro shares in focus after Rs 5,057 crore block deal by Azim Premji Trust

Wipro shares will be in the spotlight on Tuesday after promoter entity Azim Premji Trust offloaded over 20 crore shares worth Rs 5,057 crore via a block deal on Monday.

According to exchange data, the trust sold 20.23 crore shares, with Hasham Traders acquiring 11.90 crore shares and Prazim Traders buying 5.95 crore shares. The shares were sold at Rs 250 apiece — a 0.6% premium over Friday’s closing price of Rs 248.59.