Wipro gains on bagging IT infrastructure services, digital transformation contract

02 Dec 2016

Wipro is currently trading at Rs. 467.95, up by 0.30 points or 0.06% from its previous closing of Rs. 467.65 on the BSE.

The scrip opened at Rs. 475.00 and has touched a high and low of Rs. 475.00 and Rs. 467.50 respectively. So far 7,571 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 606.75 on 20-Apr-2016 and a 52 week low of Rs. 410.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 475.00 and Rs. 456.35 respectively. The current market cap of the company is Rs. 1,13,752.00 crore.

The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 16.27% and 8.48% respectively.

Wipro has bagged three-year IT infrastructure services and digital transformation contract by Woodside. Woodside is an Australian oil and gas company with a global presence and is recognized for its world-class capabilities as an explorer, a developer, a producer and a supplier.

Leveraging its ServiceNXT platform, the company will provide Managed Services for IT infrastructure across Woodside’s global portfolio, with a focus on the larger sites of the Perth and Karratha in Australia. The engagement includes delivering infrastructure services to offshore maritime facilities and potential exploration sites. Backed by deep domain experience in Oil and Gas, the company will also support Woodside with the digital transformation of its upstream operations. 

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.

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