On Wednesday, Wipro Ltd raised at Rs 284.05, up 2.55 per cent in afternoon trade on the NSE. The company rose third straight session. The stock rose to Rs 284.05, up 2.55 per cent during the noon trade on NSE. The benchmark NIFTY is up around 0.24 per cent daily, at 11230.2. The Sensex is at 38104.54, up 0.09 per cent. Wipro Ltd has added around 29.67 per cent in June month.

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Meanwhile, the Nifty IT index, of which Wipro Ltd is a constituent, has added around 23.11 per cent—currently at 17880.5, up 1.44 per cent. The share value stood at 179.61 lakh shares compared to a daily average of 198.89 lakh shares in the same period of last year.

The July futures contract for the stock is quoting at Rs 283.45, up 2.35 per cent on the day. Wipro Ltd is up 7.07 per cent compared to a 1.01 per cent gain in NIFTY and a 16.11 per cent gain in the Nifty IT index.

The stock’s Private Equity (PE) is 17.87 based on TTM earnings ending June 20.