SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Wipro gains on opening Automotive Engineering Center in Detroit

16 Mar 2017 Evaluate

Wipro is currently trading at Rs. 495.65, up by 2.15 points or 0.44% from its previous closing of Rs. 493.50 on the BSE.

The scrip opened at Rs. 500.00 and has touched a high and low of Rs. 500.00 and Rs. 495.35 respectively. So far 5,26,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 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. 505.00 and Rs. 484.10 respectively. The current market cap of the company is Rs. 1,20,487.00 crore.

The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 16.40% and 10.35% respectively.

Wipro, a leading global information technology, consulting and business process services company, has opened an Automotive Engineering Center (AEC) in Detroit. The center aims to drive innovation in connected vehicle concepts - design, product engineering, digital customer-vehicle experiences, artificial intelligence, and sensors-driven advanced vehicle data analytics.

The Wipro’s AEC is part of Wipro’s vision to build a global network of delivery centers that offer best-in-class engineering and IT services, augmented by leading-edge automotive domain and digital solutions. The center will serve as a hub to support the automotive engineering and IT requirements of Original Equipment Manufacturers (OEMs) and tier-I suppliers, based in North America.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.


Wipro Share Price

205.05 2.65 (1.31%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2610.55
Infosys 1313.10
HCL Tech. 1441.55
Wipro 205.05
Tech Mahindra 1500.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×