Wipro rises on collaborating with 4baseCare

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

29 Jul 2021 Evaluate

Wipro is currently trading at Rs. 593.05, up by 1.25 points or 0.21% from its previous closing of Rs. 591.80 on the BSE.

The scrip opened at Rs. 593.80 and has touched a high and low of Rs. 597.95 and Rs. 591.65 respectively. So far 104013 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 601.50 on 23-Jul-2021 and a 52 week low of Rs. 269.00 on 26-Aug-2020.

Last one week high and low of the scrip stood at Rs. 601.50 and Rs. 583.00 respectively. The current market cap of the company is Rs. 325165.49 crore.

The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 15.52% and 8.84% respectively.

Wipro has collaborated with 4baseCare to develop precision oncology solutions that will improve the affordability and timely availability of gene testing reports for cancer patients. 4baseCare and Wipro will jointly pave the way for cancer patients to gain access to advanced genomic testing at an affordable cost and reduce the turnaround time (TAT) on test results to almost half from current market average of 30 days.

The partners will build a framework of efficient, streamlined, and well-regulated workflows for the development of advanced gene panels. Through this partnership, oncologists, cancer hospitals, and cancer clinics can tap diagnostics and prognostics cancer gene panels at an economical price point. It can help them identify and understand the genetic mutation of cancer, and design treatments to specifically target these mutations.

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
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