Wipro gains on entering into a partnership with GK Software AG

10 Apr 2015

Wipro is currently trading at Rs. 617.70, up by 0.75 points or 0.12% from its previous closing of Rs. 616.95 on the BSE.

The scrip opened at Rs. 618.50 and has touched a high and low of Rs 621.90 and Rs. 616.10 respectively. So far 10608 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.90 on 11-Mar-2015 and a 52 week low of Rs. 475.35 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 629.00 and Rs 609.00 respectively. The current market cap of the company is Rs. 152648.59 crore.

The promoters holding in the company stood at 73.40% while Institutions and Non-Institutions held 13.58% and 11.06% respectively.

Wipro, a leading global information technology, consulting and business process services company, and GK Software AG, a leading technology developer and provider of standard software for the retail sector, have entered into a partnership to achieve fast and flexible implementations of SAP Store Management applications by GK, for customers across the world.

The purview of this partnership covers leading store-operations software products, which are tightly integrated with SAP software. These include applications such as SAP Point-of-Sale by GK, SAP Open Scale Management by GK, SAP Store Device Control by GK, SAP Label and Poster Printing by GK and SAP Offline Mobile Store by GK, which offer state-of-the-art omni-channel capabilities for international retailers.

Wipro will offer end-to-end implementation services for joint projects. Wipro consultants have completed an advanced training program at the GK Software Academy in order to develop expertise in the software products, which will be key to this partnership. GK Software will provide consultancy services and customer support. The SAP Store Management applications by GK will be sold directly by SAP.

Related Wipro Ltd. Links:

Wipro Share Price

252.50 -0.25 (-0.10%) Nov 15, 16:41
1 Year Price Chart
Peers
Company Name CMP
TCS 2174.80
Infosys 703.95
HCL Tech. 1143.70
Wipro 252.50
Tech Mahindra 750.45
View more..
Sensex vs Wipro
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463