Wipro Ltd.

Wipro is currently trading at Rs. 564.00, up by 1.70 points or 0.30% from its previous closing of Rs. 562.30 on the BSE.

The scrip opened at Rs. 569.00 and has touched a high and low of Rs. 573.45 and Rs. 561.30 respectively. So far 45370 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.90 on 11-Mar-2015 and a 52 week low of Rs. 512.55 on 24-Apr-2015.

Last one week high and low of the scrip stood at Rs. 573.45 and Rs. 544.00 respectively. The current market cap of the company is Rs. 138972.82 crore.

The promoters holding in the company stood at 73.38% while Institutions and Non-Institutions held 15.12 % and 9.54 % respectively.

Wipro, a leading global information technology, consulting and business process services company, has entered into a partnership with BlackLine Inc, a leader in Enhanced Finance Controls and Automation (EFCA) software. As part of this partnership, Wipro will offer BlackLine's platform of financial software solutions, encompassing Financial Close Management, Intercompany Hub, Reconciliation Management and Controls Assurance delivered as a cloud-based service, to finance and accounting organisations.

The BlackLine Finance Controls & Automation Platform will assist organisations to remain competitive, reduce risk and transform their existing finance and accounting departments into ‘Modern Finance’ organisations, by automating key processes and reducing manual efforts. These solutions will not only bring efficiency and cost reduction to the finance function of the organisations, but will also help the CFOs to achieve sustained benefits through risk reduction and automation of enforced controls. Complete audit trail, automated task management, automatic matching and automatic certification functions will also improve compliance to internal controls and policies, including SOX compliance.

Wipro and BlackLine will partner in projects and initiatives with the ultimate goal of delivering value to its clients and supporting them globally. This will open the doors for the next generation of finance delivery models for Shared Service Centers or retained organisations.