Wipro trades higher on entering into partnership with Exaware

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

17 Jun 2021 Evaluate

Wipro is currently trading at Rs. 556.80, up by 1.45 points or 0.26% from its previous closing of Rs. 555.35 on the BSE.

The scrip opened at Rs. 553.90 and has touched a high and low of Rs. 557.00 and Rs. 549.70 respectively. So far 113759 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 564.00 on 15-Jun-2021 and a 52 week low of Rs. 210.60 on 17-Jun-2020.

Last one week high and low of the scrip stood at Rs. 564.00 and Rs. 549.70 respectively. The current market cap of the company is Rs. 304562.66 crore.

The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 15.37% and 9.00% respectively.

Wipro has entered into a partnership with Exaware, a leading provider of Open Network routing solutions. The partnership will jointly develop advanced engineering solutions that foster innovation in the networking industry, streamline 5G technology upgrades, and open the door to future 6G compatibility.

Traditional Radio Access Network (RAN) networks are slow to advance, and expensive to upgrade because existing hardware and software options are tightly coupled, and provided by a single vendor. Wipro and Exaware are developing engineering products and solutions that will decouple hardware from software, enabling communication service providers (CSPs) to select different hardware and software vendors. This, in turn, will promote innovation by network equipment providers, advance Disaggregated Cell Site Gateways (DCSG), enable an end-to-end disaggregated Open RAN infrastructure, and ultimately drive down network costs.

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

Wipro Share Price

196.60 -1.35 (-0.68%)

11-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2392.45
Infosys	1176.80
HCL Tech.	1194.95
Wipro	196.60
Tech Mahindra	1457.10
View more..

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