Wipro allots 162795 Equity Shares

Wipro Ltd has announced that administrative Committee of the Company's Board of Directors vide Circular resolution dated July 10, 2010 resolved to issue and allot 162795 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005.

The stock closed the day at Rs.409.45, up by Rs.9 or 2.25%. The stock hit an intraday high of Rs.412 and low of Rs.401.

The total traded quantity was 233136 compared to 2 week average of 171135.

Source : Equity Bulls

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