Wipro Block Deal: Azim Premji Trust sells 20.23 crore equity shares worth over ₹5,057 crore - Check details

Azim Premji Trust Offloads Massive Wipro Stake

In a significant market move, the Azim Premji Trust orchestrated a substantial block deal on Monday, June 9th, 2025, divesting 20.23 crore equity shares of Wipro for a staggering ₹5,057 crore.

Key Details of the Block Deal:

• Average Selling Price: ₹250 per share
• Buyers: The shares were acquired by three entities:
  • Hasham Traders (11.9 crore shares)
  • Prazim Traders (5.95 crore shares)
  • Prazim Trading and Investment Company Pvt Ltd (2.38 crore shares)

This massive transaction saw the Azim Premji Trust successfully offload its shares at an average price of ₹250 per share, impacting the market significantly.

Wipro Share Price Performance: A Mixed Bag

Despite the substantial block deal, Wipro shares closed the day with a positive note, rising 1.09 per cent to ₹251.30. However, the long-term picture reveals a more complex narrative.

• Five-Year Returns: Over 142%
• One-Year Returns: 5.93%
• Year-to-Date (YTD) Performance (2025): -16.18%
• One-Month Performance: +4.01%
• 52-Week High: ₹324.55 (January 23, 2025)
• 52-Week Low: ₹225.05 (April 7, 2025)

Market Capitalization: As of Monday's close, Wipro's market capitalization stood at a robust ₹2,63,393.34 crore (over ₹2.63 lakh crore).

Note: The block deal data was released after market hours.

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