Around 18.05 crore Wipro shares, representing a 1.72 per cent stake, were transacted among promoter group entities via open market deals. Azim Premji Trust sold shares to Prazim Traders and Zash Trader at an average price of Rs 258.99 per share, amounting to Rs 4,674.77 crore. Following the transaction, Wipro’s shares experienced an increase, closing at Rs 258.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others