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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (3539)1/22/1999 12:04:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
WIPRO-Another HOT STOCK

Wipro scorches up to 4th place on market cap ladder
Our Mumbai Bureau
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21 JANUARY

Wipro has overtaken the public sector behemoth, Indian Oil Corporation (IOC), in terms of market capitalisation. At Rs 15,474 crore ($3.65 bn), Wipro has now emerged as India's fourth largest company in terms of market capitalisation, moving up from seventh position in the space of about three weeks.

Wipro is the third largest private sector company, after Hindustan Lever (Rs 33,974 crore) and ITC (Rs 20,154 crore). The only other company ahead of it is the public sector giant Oil & Natural Gas Corporation, which has a market capitalisation of Rs 23,271 crore.
economictimes.com