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Wipro shines as its arm granted patent for innovation by USPTO

15 Mar 2012 Evaluate

Wipro is currently trading at Rs. 427.00, up by 1.60 points or 0.38% from its previous closing of Rs. 425.40 on the BSE.

The scrip opened at Rs. 420.00 and has touched a high and low of Rs. 427.90 and Rs. 420.00 respectively. So far 27722 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 490.15 on 04-Apr-2011 and a 52 week low of Rs. 310.20 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 447.95 and Rs. 420.00 respectively. The current market cap of the company is Rs. 104196.15 crore.

The promoters holding in the company stood at 79.15% while Institutions and Non-Institutions held 9.37% and 9.77% respectively. 

Wipro Technologies, the global information technology, consulting and outsourcing business of Wipro, has been granted a patent for innovation in the automotive manufacturing sector by the United States Patent and Trademark Office (USPTO). The patent termed as Wipro's 'Warranty Insight Solution Framework System and Method' was filed by Wipro's Automotive Centre of Excellence and is among those granted to Wipro in the area of 'Business Process Frameworks'. The patent is for a unique methodology that helps gain insights from product breakdowns, which help in improving product design and manufacturing processes, in the automotive manufacturing sector.

Organizations are looking to enhance the warranty period of their products as longer warranty duration is an indicator of the manufacturer's faith in the quality and reliability of their products. Based on this insight, Wipro's Automotive Centre of Excellence has developed a solution framework called Wipro Solution for Quality Transformation (WiQTr).

Wipro Infotech, a division of the $7 billion Wipro, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East.

Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally.

Wipro Share Price

202.75 -1.60 (-0.78%)
20-Apr-2026 14:49 View Price Chart
Peers
Company Name CMP
TCS 2587.45
Infosys 1313.65
HCL Tech. 1432.70
Wipro 202.75
Tech Mahindra 1510.70
View more..

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