Wipro surges on launching IIoT Centre of Excellence in Kochi

15 Mar 2019 Evaluate

Wipro is currently trading at Rs. 260.50, up by 3.70 points or 1.44% from its previous closing of Rs. 256.80 on the BSE.

The scrip opened at Rs. 257.10 and has touched a high and low of Rs. 262.00 and Rs. 257.10 respectively. So far 88593 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 297.00 on 25-Feb-2019 and a 52 week low of Rs. 190.13 on 06-Jun-2018.

Last one week high and low of the scrip stood at Rs. 265.25 and Rs. 255.00 respectively. The current market cap of the company is Rs. 157333.34 crore.

The promoters holding in the company stood at 74.30%, while Institutions and Non-Institutions held 16.05% and 6.92% respectively.

Wipro has launched Industrial Internet of Things (IIoT) Centre of Excellence (CoE) in Kochi in the state of Kerala. The CoE marks the company’s commitment to developing innovative IIoT solutions that span across the technology stack for its customers in the industrial manufacturing, automotive, healthcare and pharmaceutical, consumer products and goods, and utilities space. Leveraging artificial intelligence, Blockchain and robotics, the lab will develop Proofs of Concept (POCs) and market-ready IoT solutions in an iterative agile development model.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.

Wipro Share Price

480.05 7.85 (1.66%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3883.55
Infosys 1498.80
HCL Tech. 1543.30
Wipro 480.05
Tech Mahindra 1250.40
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