07 Jun 2024

Wipro zooms on securing order worth $500 million

Wipro is currently trading at Rs. 485.60, up by 24.60 points or 5.34% from its previous closing of Rs. 461.00 on the BSE.

The scrip opened at Rs. 470.95 and has touched a high and low of Rs. 486.00 and Rs. 468.55 respectively. So far 1819678 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 546.10 on 19-Feb-2024 and a 52 week low of Rs. 375.00 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 486.15 and Rs. 416.80 respectively. The current market cap of the company is Rs. 253591.12 crore.

The promoters holding in the company stood at 72.89%, while Institutions and Non-Institutions held 15.24% and 9.48% respectively.

Wipro has secured order worth $500 million from a leading US Communication Service Provider. The company shall provide managed Services for some products and industry specific solutions. The contract is to be executed over a period of 5 years.

Wipro is a leading global information technology, consulting and business process services company.