Wipro Ltd.

Wipro is currently trading at Rs. 295.60, up by 3.95 points or 1.35% from its previous closing of Rs. 291.65 on the BSE.

The scrip opened at Rs. 295.50 and has touched a high and low of Rs. 296.90 and Rs. 294.65 respectively. So far 239836 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 297.65 on 02-Aug-2017 and a 52 week low of Rs. 205.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 296.90 and Rs. 289.75 respectively. The current market cap of the company is Rs. 143931.23 crore.

The promoters holding in the company stood at 73.18%, while Institutions and Non-Institutions held 16.77% and 7.99% respectively.

Wipro has received its shareholders’ approval for its Rs 11,000-crore buyback proposal. The voting, which ended on August 28, saw 99.68% of the votes being cast in favour of the buyback offer. Last month, the Bengaluru-based firm had said it will purchase up to 343.75 million shares at Rs 320 ($4.95) per scrip. The total size of the offer will be up to Rs 11,000 crore ($1.7 billion).

Wipro is the country’s third-largest software services firm and is engaged in providing information technology solutions. It offers solutions for systems integration, information systems outsourcing, package implementation, system integration, network integration, software solutions and information technology services, software application development and maintenance and research and development services to corporations globally.