Company Profile

Wipro is currently trading at Rs. 593.05, up by 1.25 points or 0.21% from its previous closing of Rs. 591.80 on the BSE.

The scrip opened at Rs. 593.80 and has touched a high and low of Rs. 597.95 and Rs. 591.65 respectively. So far 104013 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 601.50 on 23-Jul-2021 and a 52 week low of Rs. 269.00 on 26-Aug-2020.

Last one week high and low of the scrip stood at Rs. 601.50 and Rs. 583.00 respectively. The current market cap of the company is Rs. 325165.49 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 collaborated with 4baseCare to develop precision oncology solutions that will improve the affordability and timely availability of gene testing reports for cancer patients. 4baseCare and Wipro will jointly pave the way for cancer patients to gain access to advanced genomic testing at an affordable cost and reduce the turnaround time (TAT) on test results to almost half from current market average of 30 days.

The partners will build a framework of efficient, streamlined, and well-regulated workflows for the development of advanced gene panels. Through this partnership, oncologists, cancer hospitals, and cancer clinics can tap diagnostics and prognostics cancer gene panels at an economical price point. It can help them identify and understand the genetic mutation of cancer, and design treatments to specifically target these mutations.

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

Wipro has collaborated with 4baseCare to develop precision oncology solutions that will improve the affordability and timely availability of gene testing reports for cancer patients. 4baseCare and Wipro will jointly pave the way for cancer patients to gain access to advanced genomic testing at an affordable cost and reduce the turnaround time (TAT) on test results to almost half from current market average of 30 days.

The partners will build a framework of efficient, streamlined, and well-regulated workflows for the development of advanced gene panels. Through this partnership, oncologists, cancer hospitals, and cancer clinics can tap diagnostics and prognostics cancer gene panels at an economical price point. It can help them identify and understand the genetic mutation of cancer, and design treatments to specifically target these mutations.

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

Wipro has won the 2021 Microsoft Partner of the Year Award in the Modernizing Applications category. In addition, Wipro was also named as a category finalist in the 2021 AI Partner of the Year category, solidifying its reputation as an innovator in multiple sectors.

This recognition highlights Wipro’s deep expertise and ability to go above and beyond for its customers, powered by an established partnership with Microsoft. Even when working with complex customer environments, spanning across hundreds of servers with different applications of different versions, Wipro was able to help customers meet their business needs and leverage the power of public cloud in an efficient way.

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

Tata Consultancy Services (TCS) is planning to invest up to $40 million annually in global running sponsorships and related community programming from 2022 to 2029. As part of the sponsorship, TCS will launch a new version of its TCS New York City Marathon App that incorporates augmented reality (AR) features that became popular for virtual races during the pandemic.

Wipro has launched FieldX, a cloud-based end-to-end digital service lifecycle automation solution built on ServiceNow’s Now Platform. Using FieldX, manufacturing organizations can enhance and scale-up their after-sales customer service operations while reducing costs. Built as part of the ServiceNow Partner Industry Solution Program, FieldX integrates the customer service and field-service management capabilities of the Now Platform with Wipro’s Internet of Things (IoT) and Augmented Reality (AR) platforms.

Bharti Airtel has introduced new postpaid plans for Corporate and Retail customers. In the post pandemic world, abundance of high-speed data is increasingly becoming a key need for customers; as Work from Home and Online Education is the new normal. In this context, Airtel’s has further simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care. The plans also come with a range of exclusive benefits such as bundled content and business productivity tools.

Glenmark Pharmaceuticals’ arm -- Glenmark Life Sciences is on track to more than double its capacity over the next four years at a cumulative investment of over Rs 600 crore. The capacity expansion is on the back of company’s plan to enter more regulated growth markets like Brazil, Mexico, Russia, Korea, Taiwan and Saudi Arabia.

Tata Power Company has signed Share Purchase Agreement (SPA) with Tata Power International Pte (TPIPL), a wholly owned subsidiary of the company, for sale of 100% equity shares held in Trust Energy Resources Pte (TERPL), another wholly owned subsidiary of the company for a consideration of $285.64 million.

V-Mart Retail (V-Mart) has signed definitive agreements to acquire all of existing running stores of 'Unlimited' from Arvind Lifestyle Brands (ALBL), a wholly owned subsidiary of Arvind Fashions (AFL) for cash consideration. The company will acquire the assets of all stores, warehouse, inventory as well as the store brand 'Unlimited' at their book value, with an estimated outlay of about Rs 150 crore at closing, and certain contingent payments based on certain milestones achieved in these stores over next few years, post the acquisition.

Sangam has received approval from board of directors for installation of 32832 spindles for manufacture of cotton yarn at Spinning Unit-II, Village Sareri Bhilwara (Raj), The Total cost of the project will be Rs 137.25 crore which proposed to be funded partly by Term Loans of Rs 102 crore and balance by internal accruals.

Wipro is currently trading at Rs. 587.90, up by 3.85 points or 0.66% from its previous closing of Rs. 584.05 on the BSE.

The scrip opened at Rs. 586.10 and has touched a high and low of Rs. 590.00 and Rs. 584.00 respectively. So far 57978 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 587.90 on 23-Jul-2021 and a 52 week low of Rs. 262.75 on 23-Jul-2020.

Last one week high and low of the scrip stood at Rs. 590.00 and Rs. 561.65 respectively. The current market cap of the company is Rs. 320015.01 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 launched FieldX, a cloud-based end-to-end digital service lifecycle automation solution built on ServiceNow’s Now Platform. Using FieldX, manufacturing organizations can enhance and scale-up their after-sales customer service operations while reducing costs.

Built as part of the ServiceNow Partner Industry Solution Program, FieldX integrates the customer service and field-service management capabilities of the Now Platform with Wipro’s Internet of Things (IoT) and Augmented Reality (AR) platforms. By digitizing and automating departmental and cross-enterprise workflows, FieldX allows manufacturers to scale-up operations with reduced costs.

FieldX helps manufacturers enhance their customers’ experience with omni-channel support that leverages Wipro’s process-transformation expertise and technological innovations. It also increases machine uptime through proactive IoT-based monitoring, while AR-based live assistance accelerates issue resolution. In addition, FieldX provides service operators and field service workers a 360-degree view of the customer, thereby improving their efficiency.

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