Wipro Ltd.

Wipro is currently trading at Rs 560.45, up by 5.70 points or 1.03% from its previous closing of Rs. 554.75 on the BSE.

The scrip opened at Rs 559.70 and has touched a high and low of Rs. 564.50 and Rs. 554.25 respectively. So far 87955 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 621.50 on 07-Oct-2014 and a 52 week low of Rs. 465.40 on 27-Nov-2013.

Last one week high and low of the scrip stood at Rs. 562.30 and Rs. 548.25 respectively. The current market cap of the company is Rs. 138765.28 crore.

The promoters holding in the company stood at 73.43% while Institutions and Non-Institutions held 13.64% and 10.99% respectively.

Wipro has secured 5-year outsourcing deal worth $143 million from Levi Strauss as the US-based denim apparel maker looks to cut 500 jobs in a restructuring exercise. Wipro will provide support for certain business services within information technology, finance, human resources, customer service and consumer relations.

The restructuring, first announced in March 2014, is expected to generate net annualized cost savings of $175-200 million for Levi Strauss once fully implemented.

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.