Wipro Ltd.

Wipro is currently trading at Rs. 396.00, up by 2.50 points or 0.64% from its previous closing of Rs. 393.50 on the BSE.

The scrip opened at Rs. 395.00 and has touched a high and low of Rs. 396.85 and Rs. 393.80 respectively. So far 13336 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 452.50 on 17-Feb-2012 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. 414.60 and Rs. 388.20 respectively. The current market cap of the company is Rs. 96883.56 crore.

The promoters holding in the company stood at 78.41% while Institutions and Non-Institutions held 10.08% and 9.81% respectively. 

Wipro, India’s third-largest software services exporter has developed its infrastructure competencies to generate a global utility computing platform for its enterprise-class clients. It will offer technology infrastructure such as servers, storage, data recovery, security and other services from its hosted data centre, called Infrastructure-as-a-Service (IaaS). With this model company will be able to get benefits of expensive infrastructure or solutions on a need basis.

The entity will market the infrastructure portfolio as Wipro iStructure services and will be the foundation for providing a set of infrastructure, application and business process outsourcing solutions in an ‘ as-a-service' model. 

The company has posted a rise of 1.02% net profit of Rs 1351.30 crore for the fourth quarter of FY 11-12 as compared to Rs 1337.60 crore in the corresponding quarter of FY 10-11. Its total income registered a growth of 19.93% at Rs 8861.50 crore for the quarter under review from Rs 7389.10 crore for the corresponding quarter of the previous year.