Wipro gains on extending five-year strategic engagement with Nokia

Wipro is currently trading at Rs. 406.30, up by 1.10 points or 0.27% from its previous closing of Rs. 405.20 on the BSE.

The scrip opened at Rs. 405.70 and has touched a high and low of Rs. 407.25 and Rs. 402.25 respectively. So far 26386 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 739.80 on 14-Oct-2021 and a 52 week low of Rs. 391.00 on 15-Jul-2022.

wipro inches up as its arm unveiling industrial factory automation solutions for tyre industry
wipro inches up as its arm unveiling industrial factory automation solutions for tyre industry

Last one week high and low of the scrip stood at Rs. 417.70 and Rs. 402.40 respectively. The current market cap of the company is Rs. 222145.81 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 10.38% and 14.32% respectively.

Wipro has extended five-year strategic engagement with Nokia, the world’s leading multinational, networking, telecommunications and consumer electronics company. The new agreement builds on a partnership originally established over 20 years ago and is a testament to the strength of the relationship.

The company will deliver global business services in support of Nokia’s renewed operating model, focusing on process optimization, touchless processing and enhanced user and customer experience across order management supply chain, finance, and accounting operations.

For Nokia, this represents a major step towards digitalization of its operations by leveraging Wipro’s unique transformation and innovation capabilities.

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

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