Company Profile

Wipro is currently trading at Rs. 727.00, up by 54.45 points or 8.10% from its previous closing of Rs. 672.55 on the BSE.

The scrip opened at Rs. 698.00 and has touched a high and low of Rs. 730.00 and Rs. 695.00 respectively. So far 962555 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 730.70 on 14-Oct-2021 and a 52 week low of Rs. 331.15 on 27-Oct-2020.

Last one week high and low of the scrip stood at Rs. 730.70 and Rs. 635.00 respectively. The current market cap of the company is Rs. 391577.13 crore.

The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 15.52% and 8.84% respectively.

Wipro has reported 6.39% rise in its net profit of Rs 2387.40 crore for the quarter ended September 30, 2021 as compared to net profit of Rs 2244  crore for the same quarter in the previous year. Total income of the company increased by 18.44% at Rs 15249.20 crore for Q2FY22 as compared Rs 12875 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 18.56% rise in its net profit attributable to equity holders of Rs 2930.70 crore for the quarter ended September 30, 2021 as against net profit of Rs 2465.70 crore for the same quarter in the previous year. Total income of the company increased by 28.89% at Rs 20173.60 crore for Q2FY22 as compared Rs 15651.40 crore for the corresponding quarter previous year.

Wipro has reported results for second quarter ended September 30, 2021.

The company has reported 6.39% rise in its net profit of Rs 2387.40 crore for the quarter under review as compared to net profit of Rs 2244.00 crore for the same quarter in the previous year. Total income of the company increased by 18.44% at Rs 15249.20 crore for Q2FY22 as compared Rs 12875.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 18.56% rise in its net profit attributable to Equity holders of Rs 2930.70 crore for the quarter under review as against net profit of Rs 2465.70 crore for the same quarter in the previous year. Total income of the company increased by 28.89% at Rs 20173.60 crore for Q2FY22 as compared Rs 15651.40 crore for the corresponding quarter previous year.

Wipro has launched the Wipro-Google Cloud Innovation Arena in Bangalore, India. This cloud collaboration space will provide in-house technical expertise, ensure seamless cloud adoption, and accelerate innovation to drive business transformation for customers.

By combining the expertise and resources of Wipro FullStride Cloud Services and Google Cloud, this jointly developed innovation center will offer a unique combination of people, processes, and platforms that will collectively create a futuristic experience for customers globally. This state-of-the-art arena will showcase the talent, tools and best practices required to develop and deploy applications on Google Cloud.

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

Wipro has achieved Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency status. This designation recognizes that Wipro has successfully met AWS's requirements for a baseline of managed security services to protect and monitor essential AWS resources 24/7, known as Level 1 Managed Security Services.

This new baseline standard of quality for managed security services was introduced by AWS to benefit cloud environments of any size and it spans six security domains: vulnerability management, cloud security best practices and compliance, threat detection and response, network security, host and endpoint security, and application security. The six domains contain multiple MSSP services, each with technical skillset and operational process requirements specific to AWS.

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

Wipro is currently trading at Rs. 678.50, up by 4.45 points or 0.66% from its previous closing of Rs. 674.05 on the BSE.

The scrip opened at Rs. 683.00 and has touched a high and low of Rs. 683.00 and Rs. 676.00 respectively. So far 33264 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 690.80 on 07-Sep-2021 and a 52 week low of Rs. 302.15 on 24-Sep-2020.

Last one week high and low of the scrip stood at Rs. 683.00 and Rs. 658.00 respectively. The current market cap of the company is Rs. 369360.09 crore.

The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 15.52% and 8.84% respectively.

Wipro has secured a multiyear contract from Kuala Lumpur- headquartered Maxis Broadband Sdn Bhd, a leading converged solutions provider. As part of this strategic partnership, Wipro will provide several aspects of IT Managed Services for hybrid Infrastructure and application maintenance. In addition, Wipro will enable new ways of working for Application Development and Testing Services and provide state of the art cybersecurity services for Maxis.

Wipro will support Maxis by leveraging its global service delivery model, telecommunications domain expertise, and Wipro Holmes, its Augmented Intelligence and hyper-automation platform. This will further modernize, automate, simplify and standardize part of Maxis' global IT Managed Services and testing functions, and consolidate many of their current vendors across non-Core application support and development, infrastructure maintenance, cyber security, and new ways of working.

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