Wipro advances on bagging IT infrastructure contract from RSA

04 Feb 2016

Wipro is currently trading at Rs. 559.00, up by 2.45 points or 0.44% from its previous closing of Rs. 556.55 on the BSE.

The scrip opened at Rs. 558.60 and has touched a high and low of Rs. 562.70 and Rs. 554.00 respectively. So far 9,946 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. 512.55 on 24-Apr-2015.

Last one week high and low of the scrip stood at Rs. 573.25 and Rs. 548.30 respectively. The current market cap of the company is Rs. 1,37,976.00 crore.

The promoters holding in the company stood at 73.35% while Institutions and Non-Institutions held 15.52% and 10.53% respectively.

Wipro, a leading global information technology, consulting and business process Services Company, has bagged IT infrastructure contract from RSA. Leading international insurer, RSA, has entered into a new seven-year partnership with Wipro, to deliver its IT infrastructure requirements across the UK, Ireland and Scandinavia.

Wipro will be providing infrastructure as a service for mainframe, mid-range, storage, cloud and end user services in addition to a multilingual service desk for RSA employees in all the regions. This will enable pan-European standardization, improved end-to-end responsibility and a platform for business-led collaboration. This agreement follows a 10-month sourcing programme, which included 20 bidders, and reflects RSA’s aim to drive benefits through the consolidation of services across its regional businesses.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. The company delivers winning business outcomes through its deep industry experience and a 360 degree view of ‘Business through Technology’ - helping clients create successful and adaptive businesses.


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