Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
267.25
7.10 (2.73%)
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Wipro surges on inking multi-million dollar deal with MMG

Date: 15-06-2012

Wipro is currently trading at Rs. 398.50, up by 3.25 points or 0.82% from its previous closing of Rs. 395.25 on the BSE.

The scrip opened at Rs. 398.00 and has touched a high and low of Rs. 399.15 and Rs. 395.55 respectively. So far 12832 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. 407.05 and Rs. 388.20 respectively. The current market cap of the company is Rs. 97790.41 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 No. 3 software services company has signed multi-million dollar deal with MMG, an Australian unit of China Minmetals Corporation for a period of about three-four years. The order is for installation of SAP AG’s business management software and customizes it to MMG’s purposes, which will standardize and simplify MMG’s operations.

Recently, Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro’s - Mobility Solutions announced that it will collaborate with Kony Solutions, Inc., a Mobile Application Development Platform (MADP) provider, to offer an integrated portfolio of mobile application technology and services to enterprise customers in the US, UK, Australia and the Middle East.