Wipro's stock is currently trading at RS 270.65, up by 3.40 points or 1.27% from its previous close of RS 267.25 on the BSE.

The stock opened at RS 270.00 and recorded an intraday high and low of RS 273.60 and RS 270.00 respectively. Around 2,11,710 shares have been traded so far on the counter.

Classified under the BSE group 'A', the stock has a face value of RS 2. It had touched a 52-week high of RS 324.55 on January 23, 2025, and a 52-week low of RS 208.40 on June 4, 2024. In the past week, the stock has traded between a high of RS 274.60 and a low of RS 260.30. Wipro's current market capitalization stands at RS 2,84,527.94 crore.

The promoter's holding in the company is 72.75%, while institutional investors hold 16.02% and non-institutional investors hold 8.73%.

In a major development, Wipro has secured a strategic 10-year deal worth 500 million pounds (approximately RS 5,280 crore) with Phoenix Group, the UK's largest long-term savings and retirement business. The agreement aims to manage life and pension administration services for Phoenix Group’s ReAssure business, supporting their operational transformation.

Under this agreement, Wipro’s FCA-regulated entity, Wipro Financial Outsourcing Services (WFOSL), will handle a range of services including Policy Administration, Claims Processing, Customer Service Support, Data Management, Compliance and Regulatory Support, and Platform Technologies for ReAssure customers.

Additionally, Wipro will take over and modernise the ALPHA policy administration platform by integrating AI, automation, cloud, and digital transformation technologies to enhance operational efficiency and customer experience.

As part of this strategic partnership, Wipro will also expand its UK footprint by setting up new technology and operational service hubs. These centres will be supported by teams from both Phoenix Group and Wipro, with several Phoenix employees transitioning to Wipro to aid this transformational project.

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