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Wipro gains on picking minority stake in Intsights Cyber Intelligence for $1.5 million

19 Aug 2016 Evaluate

Wipro is currently trading at Rs. 526.60, up by 1.80 points or 0.34% from its previous closing of Rs. 524.80 on the BSE.

The scrip opened at Rs. 529.20 and has touched a high and low of Rs. 530.15 and Rs. 525.85 respectively. So far 31466 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. 549.25 and Rs. 523.25 respectively. The current market cap of the company is Rs. 130132.43 crore.

The promoters holding in the company stood at 55.51%, while institutions and non-institutions held 11.22% and 31.30% respectively.

Wipro has picked up a minority stake in Israeli cyber-security startup Intsights Cyber Intelligence for $1.5 million, months after the Bangalore-based firm invested in Israeli venture capital firm TLV Ventures. The software major has picked up a minority stake of less than 20% on a fully diluted basis.

Intsights offers a Threat Intelligence driven security platform employing cyber intelligence, rapid mitigation and one click remediation.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. The company has a dedicated workforce of over 170,000, serving clients across 6 continents.

Wipro Share Price

201.35 0.70 (0.35%)
04-May-2026 11:53 View Price Chart
Peers
Company Name CMP
TCS 2437.70
Infosys 1175.65
HCL Tech. 1198.75
Wipro 201.35
Tech Mahindra 1457.75
View more..

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