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Wipro moves up on its unit concluding acquisition of Cooper Software

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

26 Oct 2017 Evaluate

Wipro is currently trading at Rs. 299.55, up by 0.60 points or 0.20% from its previous closing of Rs. 298.95 on the BSE.

The scrip opened at Rs. 297.50 and has touched a high and low of Rs. 300.40 and Rs. 296.95 respectively. So far 12027 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 303.55 on 11-Sep-2017 and a 52 week low of Rs. 205.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 301.55 and Rs. 291.10 respectively. The current market cap of the company is Rs. 145976.39 crore.

The promoters holding in the company stood at 73.18%, while Institutions and Non-Institutions held 16.19% and 8.56% respectively.

Wipro Digital, digital business unit of Wipro, has completed the acquisition of Cooper Software, Inc. on October 24, 2017. The impact of Cooper acquisition is expected to reflect in the financials of the company for the quarter ending December 31, 2017.

Earlier, the company had signed a definitive agreement to acquire Cooper, an award-winning design and business strategy consultancy. Cooper will become part of Designit, Wipro Digital’s strategic design arm, further strengthening its design and innovation capabilities, expanding its reach in North America and adding capabilities in professional design education.

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

204.35 -5.85 (-2.78%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Wipro moves up on its unit concluding acquisition of Cooper Software

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