Wipro Ltd.

Wipro is currently trading at Rs. 533.95, up by 5.55 points or 1.05 % from its previous closing of Rs. 528.40 on the BSE.

The scrip opened at Rs. 529.00 and has touched a high and low of Rs. 534.90 and Rs. 529.00 respectively. So far 39236 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 610.50 on 26-Feb-2014 and a 52 week low of Rs. 340.10 on 26-Jun-2013.

Last one week high and low of the scrip stood at Rs. 542.80 and Rs. 525.50 respectively. The current market cap of the company is Rs. 131713.37 crore.

The promoters holding in the company stood at 73.47 % while Institutions and Non-Institutions held 13.62 % and 10.97 % respectively.

Wipro has entered into agreement with Finnish media group Sanoma under which the Finnish media group will transfer its IT infrastructure and support functions to Wipro. With this transaction, 38 people in Finland and the Netherlands would become employees of Wipro. Europe accounted for 30 per cent of Wipro’s revenue for the quarter ended March 31, 2014.

Sanoma’s in-house technology team would focus more on supporting the services that are critical to the business units in the future.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.