Wipro inches up on inking pact with and ProcessMaker

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

14 Sep 2020 Evaluate

Wipro is currently trading at Rs. 294.00, up by 0.95 points or 0.32% from its previous closing of Rs. 293.05 on the BSE.

The scrip opened at Rs. 294.00 and has touched a high and low of Rs. 296.35 and Rs. 293.05 respectively. So far shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 298.30 on 11-Sep-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. 298.30 and Rs. 271.75 respectively. The current market cap of the company is Rs. 167463.15 crore.

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

Wipro has entered into partnership with and ProcessMaker, a US-based software company and low-code workflow automation platform, for delivering innovative workflow management to Wipro’s customers in Latin America. This collaboration will leverage Wipro’s proprietary technology platform iCaaS (Intelligent Content as a Service) along with ProcessMaker’s Workflow automation platform to deliver Cognitive Content Automation solutions to customers.

These solutions will enable ‘paperless’ streamlined and efficient document processing while lowering the overall cost of operations. It will digitize and automate complex business processes including KYC verification, account opening for financial services, invoicing and payments, supply chain visibility and vendor onboarding for small businesses among others. Using these solutions, business users, technology organizations, and line of business (LOB) managers will be able to accelerate their customers’ digital journey. The solutions will be offered first to customers in the telecommunications, financial services, insurance and retail sectors before expanding to other industries.

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
View more..

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