Wipro gains on planning to set up Digital Innovation Hub in Germany

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

09 Sep 2020 Evaluate

Wipro is currently trading at Rs. 283.55, up by 1.30 points or 0.46% from its previous closing of Rs. 282.25 on the BSE.

The scrip opened at Rs. 280.40 and has touched a high and low of Rs. 289.30 and Rs. 278.90 respectively. So far 401933 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 290.65 on 31-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. 289.30 and Rs. 271.75 respectively. The current market cap of the company is Rs. 164291.61 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 set up a Digital Innovation Hub in Dusseldorf, Germany. The proposed Digital Innovation Hub will serve as Wipro’s flagship centre in Europe and will offer digital transformation expertise to companies in Germany, enable organisations to cross skill and upskill besides supporting talent development in local communities. The company will also collaborate with institutions and universities in the North Rhine-Westphalia state to develop tailored programs and career opportunities for young graduates in advanced digital skills and technologies.

The Digital Innovation Hub will aim to galvanise adoption of new skills and technologies by companies to innovate and re-imagine their products and services, improve operational efficiencies, and drive customer and employee delight, thereby transforming their ability to compete and thrive in the market.

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

Wipro Share Price

196.80 -1.15 (-0.58%)

11-May-2026 15:04 View Price Chart

Peers

Company Name	CMP
TCS	2393.95
Infosys	1176.50
HCL Tech.	1196.30
Wipro	196.80
Tech Mahindra	1458.20
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