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Wipro gains as IT business arm bags 10-year contract for Mumbai Airport

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

19 Feb 2013 Evaluate

Wipro is currently trading at Rs. 403.60, up by 1.50 points or 0.37% from its previous closing of Rs. 402.10 on the BSE.

The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 406.30 and Rs. 403.55 respectively. So far 4,072 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 450.70 on 04-Apr-2012 and a 52 week low of Rs. 325.60 on 30-Jul-2012.

The current market cap of the company is Rs. 99,391.00 crore.

The promoters holding in the company stood at 78.29% while Institutions and Non-Institutions held 10.08% and 9.90% respectively.

Wipro’s India and Middle East IT Business unit - Wipro Infotech has bagged a 10-year contract from Mumbai International Airport (MIAL). As per the contract, the company will providing IT services for the new integrated terminal T2.

This partnership will significantly enhance customer experience and satisfaction through the use of IT. Further, the company will be responsible for providing managed services across the entire IT landscape at MIAL and delivering high availability and operational efficiency across all the critical airport processes.

With regards to T2, the company will assist in the preparation of IT blueprint and also work closely with MIAL during the testing and trial phase of the IT systems prior to managing all the IT services for the new terminal.

MIAL is currently implementing a master plan to build an integrated terminal with a vision and framework to modernize the airport as one of the best airports in the world. After modernization, the new integrated T2 will be able to accommodate 40 million passengers per annum.

Wipro Infotech is a leading manufacturer of computer hardware and provider of IT services in India and the Middle East region. Part of Wipro, the $6.98 billion conglomerate and global leader in technology enabled solutions, the company leverages on the parent's philosophy of 'Applying Thought' to enable business results by being a transformation catalyst.

Wipro Share Price

204.35 -5.85 (-2.78%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Wipro gains as IT business arm bags 10-year contract for Mumbai Airport

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