Wipro shines on inking pact for strategic partnership with KANA

10 Sep 2013

Wipro is currently trading at Rs. 475.30, up by 6.90 points or 1.47% from its previous closing of Rs. 468.40 on the BSE.

The scrip opened at Rs. 472.00 and has touched a high and low of Rs. 483.05 and Rs. 471.00 respectively. So far 90,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 501.00 on 03-Sep-2013 and a 52 week low of Rs. 298.57 on 26-Oct-2012.

Last one week high and low of the scrip stood at Rs. 501.00 and Rs. 464.20 respectively. The current market cap of the company is Rs. 1,17,150.00 crore.

The promoters holding in the company stood at 73.54% while Institutions and Non-Institutions held 11.87% and 12.67% respectively.  Wipro, a leading global information technology, consulting and outsourcing company and KANA Software, a leader in customer service solutions used by more than 900 organizations worldwide have entered into a strategic partnership to form a joint development center (JDC) to accelerate implementations of the KANA Enterprise customer service suite with an initial focus on the insurance industry. As a preferred strategy partner, Wipro has certified global system integration personnel on KANA technology, enabling Insurers that select KANA solutions to achieve faster implementation schedules and advance their omni-channel customer experience initiatives.

The partnership provides KANA with virtually unlimited systems integration scalability, anchored by Wipro's presence across 57 countries. Wipro and KANA have trained a team of process, technical and business analysts for immediate availability, achieving initial successes with insurance and financial services projects.

Wipro is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better.

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