Wipro gains on entering into strategic partnership with Indian Institute of Science

20 Aug 2019

Wipro is currently trading at Rs. 254.45, up by 2.20 points or 0.87% from its previous closing of Rs. 252.25 on the BSE.

The scrip opened at Rs. 253.15 and has touched a high and low of Rs. 254.85 and Rs. 252.50 respectively. So far 16829 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 301.55 on 14-Jun-2019 and a 52 week low of Rs. 210.00 on 20-Aug-2018.

Last one week high and low of the scrip stood at Rs. 260.10 and Rs. 245.25 respectively. The current market cap of the company is Rs. 152241.95 crore.

The promoters holding in the company stood at 73.83%, while Institutions and Non-Institutions held 15.10% and 8.77% respectively.

Wipro has entered into strategic partnership with the Indian Institute of Science (IISc), India's premier public establishment for research and higher education in science and engineering, to conduct advanced applied research in autonomous systems, robotics and 5G space.

The two organizations have jointly set up the Wipro IISc Research and Innovation Network (WIRIN), a hybrid industry academia collaboration unit, which will drive idea discovery, research and innovation in technology and product design.

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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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