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Wipro Block Deal: Over ₹5,000 Crore Worth of Stock Changes Hands

Written by: Sachin GuptaUpdated on: Jun 9, 2025, 3:19 PM IST
Wipro shares posted gains on June 9 after the ₹5,057 crore block deal at an average price of ₹250 per share.
Wipro Block Deal: Over ₹5,000 Crore Worth of Stock Changes Hands
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On June 9, 2025, Wipro share price rose by up to 2% following a significant block deal executed during the afternoon trading window.

Wipro Block Deal Details

A total of 20.23 crore shares, representing approximately 2% of Wipro’s total outstanding equity, were traded in the deal. The shares were exchanged at an average price of ₹250, bringing the total transaction value to ₹5,057 crore.

Wipro Shareholding Pattern

As per the latest BSE shareholding pattern (March quarter), Wipro’s promoters hold a 72.73% stake in the company. Domestic mutual funds account for 4.08%, while foreign portfolio investors (FPIs) control 11.13% of the equity.

Retail investors with holdings valued up to ₹2 lakh collectively own 3.58%, whereas those with investments above ₹2 lakh hold 2.96%. Following the block deal, Wipro shares were trading 1.3% higher at ₹251.80. 

Also Read: Bajaj Finserv Block Deal: Major Institutional Investors Took Part in Over ₹5,000 Crore Transaction 

Wipro Management Take on Q4FY25 Earnings Highlights

Srini Pallia, CEO and Managing Director, said, “We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement. We also continued to invest in our global talent and in strengthening our consulting and AI capabilities. As clients remain cautious in the face of macroeconomic uncertainty, we’re focused on partnering closely with them while staying committed to consistent and profitable growth.” 

Aparna Iyer, Chief Financial Officer, said, “For Q4, operating margins expanded 110 basis points year on year, and for the full financial year, margins expanded by 90 basis points. Our focus on execution rigour has ensured that our margins have steadily expanded even in a softening revenue environment. Our endeavour will be to maintain the margin in a narrow band in the coming quarters. Our net income grew 6.4% sequentially in Q4 and 18.9% for the full financial year. Cash flow continued to be robust in Q,4 resulting in net operating cash flow generation of almost $ 2 Bn for FY’25, which is 128.2% of our net income.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 9, 2025, 3:12 PM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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