Wipro gains on entering into partnership with Reltio

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

16 Sep 2016 Evaluate

Wipro is currently trading at Rs 479.25, up by 0.90 points or 0.19% from its previous closing of Rs. 478.35 on the BSE.

The scrip opened at Rs. 479.20 and has touched a high and low of Rs. 482.30 and Rs. 477.60 respectively. So far 71660 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. 470.25 on 08-Sep-2016.

Last one week high and low of the scrip stood at Rs. 484.60 and Rs. 473.05 respectively. The current market cap of the company is Rs. 118495.58 crore.

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

Wipro, a leading global information technology, consulting and business process services company, and Reltio, an enterprise data-driven applications and modern data management Platform as a Service (PaaS) company, have entered into a partnership to develop faster and cost effective Master Data Management (MDM) solutions. This partnership will help Reltio and Wipro’s clients bridge the gap between data and insights by boosting the reliability of information, while ensuring users get access to relevant data.

This alliance will enable the use of modern MDM architecture with big data technologies to deliver pre-configured, industry-specific data models in an accelerated timeframe. The joint offering will also help customers stave off scale and performance challenges by leveraging next generation technologies such as Big Data, NoSQL, Analytics, and Machine Learning.

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.

Wipro Share Price

176.10 2.05 (1.18%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2092.75
Infosys	1047.00
HCL Technologies	1139.85
Wipro	176.10
Tech Mahindra	1410.40
View more..

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