Wipro Ltd.

Wipro is currently trading at Rs. 415.05, up by 7.75 points or 1.90% from its previous closing of Rs. 407.30 on the BSE.

The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 418.40 and Rs. 405.00 respectively. So far 122069 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 490.15 on 04-Apr-2011 and a 52 week low of Rs. 310.20 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 418.40 and Rs. 383.25 respectively. The current market cap of the company is Rs. 102021.70 crore.

The promoters holding in the company stood at 79.15% while Institutions and Non-Institutions held 9.37% and 9.77% respectively.

Wipro, India’s third largest IT bellwether has introduced a supply chain and finance management solution for the retail sector called FLoW. This solution is oracle-based solution and will facilitate users to get a view of their wholesale operations.

This solution was created based on feedback from customers, who wanted a retail solution that enables them to manage franchises and wholesalers, besides providing general retail functionality.

Recently, Wipro, has been selected as an IT partner for a multi-million dollar engagement with AstraZeneca, a leading global biopharmaceutical company. However, the deal size was not disclosed.