Wipro is currently trading at Rs. 489.70, up by 12.35 points or 2.59% from its previous closing of Rs. 477.35 on the BSE.
The scrip opened at Rs. 482.85 and has touched a high and low of Rs. 490.00 and Rs. 480.60 respectively. So far 79939 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. 493.75 and Rs. 473.55 respectively. The current market cap of the company is Rs. 249651.38 crore.
The promoters holding in the company stood at 72.89%, while Institutions and Non-Institutions held 15.24% and 9.48% respectively.
Wipro and GBST, a leading global provider of wealth management and advice solutions technology for the financial services industry, have entered into a strategic partnership aimed at delivering end-to-end administration services for superannuation, wealth, and pensions companies transitioning from legacy IT environments.
This partnership brings together GBST's industry-leading Composer wealth management administration SaaS (Software-as-a-Service) platform and Wipro's extensive expertise in outsourced administration and contact centre services, to deliver a single offering that includes technology, cyber, risk, and business operations. This collaboration addresses a critical need within the industry, where organisations often face challenges in managing legacy IT systems and multiple service providers simultaneously. By consolidating administration services through a single, integrated platform, companies can streamline operations, reduce complexity, and enhance service delivery to their customers.
Wipro is a leading global information technology, consulting and business process services company.