Wipro inches up on planning to launch 5G edge services solutions suite

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

23 Jul 2020 Evaluate

Wipro is currently trading at Rs. 266.40, up by 0.50 points or 0.19% from its previous closing of Rs. 265.90 on the BSE.

The scrip opened at Rs. 267.15 and has touched a high and low of Rs. 271.00 and Rs. 265.20 respectively. So far 79435 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 281.50 on 21-Jul-2020 and a 52 week low of Rs. 159.60 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 281.50 and Rs. 252.00 respectively. The current market cap of the company is Rs. 152061.93 crore.

The promoters holding in the company stood at 74.02%, while Institutions and Non-Institutions held 15.45% and 8.06% respectively.

Wipro is planning to launch its 5G edge services solutions suite. The solutions suite to be provided by Wipro is built with IBM TRIRIGA and IBM Edge Application Manager. The company will engage with clients to implement the Universal Edge solutions suite that leverages 5G network capabilities.

The 5G edge services solutions suite is designed to significantly enhance company’s existing BoundaryLess Enterprise – Universal Edge portfolio. The edge-compute-enabled offering allows communications service providers and mobile tower operators to deploy their applications into dispersed edge devices. The advanced artificial intelligence and cloud-based services address the challenges of edge computing. It provides real-time visibility and data insights that help enable holistic management of edge infrastructure for mission critical applications in manufacturing, transport, healthcare, oil & gas and retail industries among others.

This solution is designed to offer Wipro customers better data control, reduced costs, faster insights and actions, and more automated, secured operations. A key module of the solution, primarily for the telecom ecosystem, provides a complete application suite to enable a secured gig economy around 5G-related services.

Wipro is a leading global information technology, consulting and business process services company.

Wipro Share Price

197.80 -0.15 (-0.08%)

11-May-2026 14:18 View Price Chart

Peers

Company Name	CMP
TCS	2400.50
Infosys	1180.50
HCL Tech.	1201.75
Wipro	197.80
Tech Mahindra	1466.10
View more..

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