Wipro gains on inking agreement with Stibo Systems for Master Data Management Solutions

Wipro Ltd. | IT - Software | IT & ITES | BSE: 507685 | NSE: WIPRO

30 Aug 2016 Evaluate

Wipro is currently trading at Rs. 480.25, up by 1.70 points or 0.36% from its previous closing of Rs. 478.55 on the BSE.

The scrip opened at Rs. 479.90 and has touched a high and low of Rs. 480.80 and Rs. 478.50 respectively. So far 8,753 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. 476.00 on 29-Aug-2016.

Last one week high and low of the scrip stood at Rs. 524.00 and Rs. 476.00 respectively. The current market cap of the company is Rs. 1,16,775.00 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 entered into a partnership with Stibo Systems to offer Master Data Management (MDM) Solutions. This partnership is aimed at building trust-worthy data foundations to help joint customers derive accurate insights as they embrace digital transformation.

Wipro’s deep expertise in end-to-end Analytics, Master Data Management (MDM) and Information Management (IM) solutions, across industries when combined with Stibo Systems’ award-wining Master Data Management solution, STEP Trailblazer, will widen the scope and value of solutions that can be offered to customers, worldwide. Stibo’s STEP Trailblazer solution provides users with a powerful, editable grid-based view of product data, which facilitates the transfer of multiple items such as product families and variants while simultaneously performing crucial validation checks.

As part of this partnership, Wipro and Stibo Systems, will also set-up a state-of-the-art MDM Center of Excellence (COE) in Bangalore that will showcase industry best practices, standards and guidelines that can be leveraged for customer projects.

Wipro is engaged in providing information technology solutions. It offers solutions for systems integration, information systems outsourcing, package implementation, system integration, network integration, software solutions and information technology services, software application development and maintenance and research and development services to corporations globally.

Wipro Share Price

200.65 -0.05 (-0.02%)

30-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2473.50
Infosys	1181.50
HCL Tech.	1198.95
Wipro	200.65
Tech Mahindra	1474.05
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