Wipro trades higher on the bourses

Wipro Ltd. | IT - Software | IT & ITES | BSE: 507685 | NSE: WIPRO

23 Sep 2014 Evaluate

Wipro is currently trading at Rs. 584.90, up by 2.35 points or 0.40 % from its previous closing of Rs. 582.55 on the BSE.

The scrip opened at Rs. 580.00 and has touched a high and low of Rs. 593.45 and Rs. 578.40 respectively. So far 115464 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 610.50 on 26-Feb-2014 and a 52 week low of Rs. 465.40 on 27-Nov-2013.

Last one week high and low of the scrip stood at Rs. 590.75 and Rs. 557.00 respectively. The current market cap of the company is Rs. 144619.51 crore.

The promoters holding in the company stood at 73.44 % while Institutions and Non-Institutions held 13.36 % and 11.26 % respectively.

Wipro Arabia, a subsidiary of Wipro, a leading global information technology, consulting and business process services company, has entered into a strategic partnership with Saudi-based Saudi Electricity Company (SEC), the largest power utility company in the Middle East serving approximately 5 million customers in the Kingdom of Saudi Arabia (KSA).

As part of this engagement, Wipro will implement and rollout the plant maintenance and project system functionality of the SAP ERP application for SEC’s distribution business line across KSA. Once implemented, it is expected to enable the power utility company to have an integrated system that offers centralized and standardized processes across its plants. This will help ensure uptime of distribution networks, expense controls and effective utilization of assets.

Wipro plans to implement the fully functional and integrated bilingual (Arabic/English) solution, which will allow SEC to methodically migrate existing data from current digitized and manually maintained systems to SAP ERP. The SAP ERP-based system is expected to go live in the next 10 months and is designed to enable SEC to serve customers better by increasing availability of assets due to increased uptime.

In addition, the solution will help it bring all of Saudi Arabia onto a single and standardized platform that will help SEC to streamline day-to-day operations and increase operational and financial efficiencies. It will also provide the company with the necessary visibility and planning capabilities needed for year-round maintenance activities, helping to keep slippage in check on vital maintenance schedules

Wipro Share Price

178.50 3.15 (1.80%)

13-Jul-2026 14:13 View Price Chart

Peers

Company Name	CMP
TCS	2180.00
Infosys	1103.25
HCL Technologies	1220.55
Wipro	178.50
Tech Mahindra	1509.95
View more..

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