Wipro moves up on launching latest Innovation Studio in Austin

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

20 May 2022 Evaluate

Wipro is currently trading at Rs. 458.50, up by 7.15 points or 1.58% from its previous closing of Rs. 451.35 on the BSE.

The scrip opened at Rs. 461.00 and has touched a high and low of Rs. 462.15 and Rs. 456.25 respectively. So far 122031 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.80 on 14-Oct-2021 and a 52 week low of Rs. 450.10 on 19-May-2022.

Last one week high and low of the scrip stood at Rs. 495.30 and Rs. 450.10 respectively. The current market cap of the company is Rs. 247440.45 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 11.36% and 13.18% respectively.

Wipro has launched latest Innovation Studio in Austin, TX. Situated in a brand new 40,000 sq. ft. Class-A office building in Austin’s premier technology and research park, Wipro’s Innovation Studio is designed to be a productive, state-of-art collaborative space of 36 huddle rooms, 12 conference rooms and 330 individual think spaces, energizing community spaces, and areas for focused collaboration.

The Innovation Studio will leverage Wipro’s deep reservoir of IPs, patents, and innovation DNA and will draw from a diverse portfolio of transformative technologies including artificial intelligence, 5G, mixed reality/metaverse, blockchain, tokenization, multi cloud & edge computing, crowdsourcing, and robotics in collaboration with leading technology partners to experiment new solutions and serve clients.

The Studio will provide a dynamic collaborative workplace environment with a harmonious balance of diverse work settings and amenity offerings. It will also create a fresh intake of new-age talent for hot tech skills thereby creating hundreds of new jobs locally and bringing investments from tech organizations starting from the first year itself.

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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