Wipro advances on entering into partnership with ActiveState

20 May 2015

Wipro is currently trading at Rs. 557.00, up by 4.15 points or 0.75% from its previous closing of Rs. 552.85 on the BSE.

The scrip opened at Rs. 554.40 and has touched a high and low of Rs. 557.45 and Rs. 553.05 respectively. So far 18903 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. 480.95 on 23-May-2014.

Last one week high and low of the scrip stood at Rs. 557.45 and Rs. 529.80 respectively. The current market cap of the company is Rs. 137025.22 crore.

The promoters holding in the company stood at 73.39% while Institutions and Non-Institutions held 15.07% and 9.58% respectively.

Wipro, a leading global information technology, consulting and business process services company, and ActiveState have entered into a partnership to deliver cloud technologies and services to enterprises across the globe. ActiveState is the creator of Stackato Private Platform-as-a-Service (PaaS), the world’s leading independent distribution of the Cloud Foundry open source project. This partnership brings together the cloud implementation expertise of Wipro with the cutting edge technology of Stackato, enabling agile enterprises to innovate faster than ever before.

Wipro and ActiveState will work together seamlessly to deliver integrated cloud solutions to help address the unique challenges that large businesses face in today's rapidly changing marketplace.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.

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