Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
175.35
2.60 (1.51%)
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Wipro surges on winning contract for software engineering services from ThoughtSpot

Date: 11-11-2020

Wipro is currently trading at Rs. 345.45, up by 3.25 points or 0.95% from its previous closing of Rs. 342.20 on the BSE.

The scrip opened at Rs. 344.90 and has touched a high and low of Rs. 346.00 and Rs. 342.15 respectively. So far 52987 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 381.70 on 13-Oct-2020 and a 52 week low of Rs. 159.60 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 352.50 and Rs. 341.25 respectively. The current market cap of the company is Rs. 197283.16 crore.

The promoters holding in the company stood at 74.02%, while Institutions and Non-Institutions held 14.88% and 8.63% respectively.

Wipro has won a multi-year contract for software engineering services from ThoughtSpot. As part of the five-year engagement, the company will enhance various components of ThoughtSpot’s Search and Analytics platform to help scale feature development. It will leverage its EngineeringNXT framework and Product POD (accelerated software product engineering model), to deliver software services quickly, reliably and safely. The solutions will help ThoughtSpot sustain their competitive advantage by expediting the launch of new releases to the market.

Wipro is a leading global information technology, consulting and business process services company.