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Wipro advances on partnering with Authentise to offer additive manufacturing services

09 Jun 2016

Wipro is currently trading at Rs. 544.65, up by 0.90 points or 0.17% from its previous closing of Rs. 543.75 on the BSE.

The scrip opened at Rs. 545.10 and has touched a high and low of Rs. 546.05 and Rs. 542.00 respectively. So far 16,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 613.00 on 01-Oct-2015 and a 52 week low of Rs. 508.90 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 546.05 and Rs. 534.45 respectively. The current market cap of the company is Rs. 1,34,567.00 crore.

The promoters holding in the company stood at 73.34% while Institutions and Non-Institutions held 16.18% and 8.51% respectively.

Wipro, a leading global information technology, consulting and business process services company has entered into a partnership with Mountain View based Authentise Inc, a leading provider of 3D printing technologies and consulting services.  This strategic partnership between Wipro and Authentise will enable adoption of additive manufacturing among the Global 2,000 companies.

Building on its extensive Engineering and R&D services experience, this alliance will help Wipro to deliver the full spectrum of 3D printing services including consulting, design optimization, software & system integration, product management and testing services.

The partnership will benefit customers willing to explore, expand or improve additive manufacturing initiatives across automotive, aerospace, healthcare, hi-tech, consumer electronics, telecom and other engineering-driven industries.

Wipro is a global information technology (IT) services provider. The Company operates through two segments: IT Services and IT Products.


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Wipro Share Price

701.85 6.15 (0.88%) Oct 22, 09:41
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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