Company Profile

Wipro is currently trading at Rs. 312.45, up by 0.50 points or 0.16% from its previous closing of Rs. 311.95 on the BSE.

The scrip opened at Rs. 315.25 and has touched a high and low of Rs. 318.70 and Rs. 303.75 respectively. So far 1170471 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 324.55 on 21-Sep-2020 and a 52 week low of Rs. 159.60 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 324.55 and Rs. 303.75 respectively. The current market cap of the company is Rs. 178477.92 crore.

The promoters holding in the company stood at 74.02%, while Institutions and Non-Institutions held 15.45% and 8.06% respectively.

Wipro has been positioned as a Leader in Everest Group’s PEAK Matrix for Healthcare Payer Operations Service Providers 2020. The report evaluated the digital services capabilities of 29 global healthcare BPS providers and mapped them on the Everest Group PEAK Matrix based on several parameters including vision, capability, and market impact.

The company has been positioned as a Leader owing to its portfolio mix and investment in digital platforms --such as Member 360 and Wipro HOLMESTM Artificial Intelligence and Hyper Automation Platform. This has helped it acquire new clients, besides expanding the scope of business with existing ones.

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

Wipro has been positioned as a Leader in Everest Group’s PEAK Matrix for Healthcare Payer Operations Service Providers 2020. The report evaluated the digital services capabilities of 29 global healthcare BPS providers and mapped them on the Everest Group PEAK Matrix based on several parameters including vision, capability, and market impact.

The company has been positioned as a Leader owing to its portfolio mix and investment in digital platforms --such as Member 360 and Wipro HOLMESTM Artificial Intelligence and Hyper Automation Platform. This has helped it acquire new clients, besides expanding the scope of business with existing ones.

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

Wipro has been positioned as a Leader in The Forrester New Wave: Robotic Process Automation (RPA) Service Providers in Healthcare, Q3 2020. The pandemic has accelerated the adoption of automation across the Healthcare & Life Sciences (HCLS) value chain. Forrester initiated this research to get a deeper insight into how automation projects are unfolding in the HCLS industry. The report evaluated the current offering, market presence and strategy of 12 of the most significant emerging Robotic Process Automation service providers in HCLS.

In addition to being named a leader, the company received differentiated ratings in the intelligent automation, attended automation, unattended automation, HCLS Automation, Knowledge Transfer and commercial model criteria.

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

Wipro is planning to provide commercial engineering services for the Open Network Edge Services Software (OpenNESS) toolkit globally. OpenNESS is a Multi-Access Edge Computing (MEC) software toolkit that was developed by Intel and allows developers to create and deploy applications at the network edge or on-premise edge locations. The engineering services for OpenNESS builds upon an ongoing collaboration between Wipro and Intel on innovative 5G and edge solutions that utilize Intel’s FlexRAN software reference architecture and OpenNESS.

The company will leverage its long legacy of engineering services to ensure successful deployment of commercial solutions based on the OpenNESS platform. With the evolution of decoupled RAN architecture, the Edge node is becoming a common host for both RAN and application workload. Wipro’s expertise in working with FlexRAN in conjunction with a cloud-native platform such as OpenNESS uniquely positions the company to onboard both RAN and application workloads on a common, optimized edge platform ready for deployment.

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

Ashok Leyland has launched BADA DOST, reinforcing its offering in the LCV (Light Commercial Vehicle) range. Through this, the Company increases its addressable domestic LCV market. BADA DOST builds on the strong foundation laid by the DOST brand, which is known for reliability, mileage and comfort. It features customer-centric offerings on technology and driver comfort, while being contemporary and futuristic.

Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a secondhand Very Large Gas Carrier of about 77,922 cbm. The 2002 Japanese built vessel is expected to join the company's fleet in Q3 FY21. The company's current fleet stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.37 years aggregating 3.70 mn dwt. The company has already contracted to sell its 1996 built Very Large Gas Carrier Jag Vidhi which will be delivered to buyers in Q3 FY21.

Dilip Buildcon (DBL) has received Letter of Award (LOA) for a new HAM project viz. 'Four laning of NH-363 from Repallewada (Design Km 42.000/Existing Km 288.510) to Telangana/Maharashtra Border (Design Km 94.602/Existing Km 342.000) (Design Length = 52.602 Km) in the State of Telangana under NH (0) on Hybrid Annuity mode (HAM).' The bid project cost is Rs 1140.50 crore. The completion period for the project is 24 months and the operation period will be 15 years from COD.

Wipro is planning to provide commercial engineering services for the Open Network Edge Services Software (OpenNESS) toolkit globally. OpenNESS is a Multi-Access Edge Computing (MEC) software toolkit that was developed by Intel and allows developers to create and deploy applications at the network edge or on-premise edge locations. The engineering services for OpenNESS builds upon an ongoing collaboration between Wipro and Intel on innovative 5G and edge solutions that utilize Intel’s FlexRAN software reference architecture and OpenNESS.

Zensar Technologies has launched its blockchain based contract management solutions for enterprises. The solutions called Distributed Intelligent Contract Enforcement System (DICES) focuses on contract enforcement while the other solution, called ZenConfluence is an enabling solution on which other applications can run.

Artson Engineering has received a Work Order of Rs 17.97 crore, excluding GST, from Tata Projects. The order is for manufacture & supply Process Vessels & SS Tanks for NFC Kota Powder Plant Project. The said order is expected to be completed in 11 months.

Hindustan Aeronautics (HAL) has placed the Commercial Papers (CPs) of Rs 2000 crore in terms of the guidelines issued by Reserve Bank of India. The allotment date is September 15, 2020, while maturity date will be December 14, 2020. The above CP is a part of fund based limit of Rs 10,000 crore as approved by the Board in its meeting held on January 21, 2020.