Wipro inches up on opening APMEA strategic market unit headquarters in Dubai

Wipro is currently trading at Rs. 398.10, up by 1.40 points or 0.35% from its previous closing of Rs. 396.70 on the BSE.

The scrip opened at Rs. 397.00 and has touched a high and low of Rs. 398.20 and Rs. 396.90 respectively. So far 6705 shares were traded on the counter.

wipro gains on launching next generation engineering and innovation center in virginia
Wipro

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 726.70 on 03-Jan-2022 and a 52 week low of Rs. 372.40 on 17-Oct-2022.

Last one week high and low of the scrip stood at Rs. 402.30 and Rs. 394.10 respectively. The current market cap of the company is Rs. 217632.54 crore.

The promoters holding in the company stood at 72.95%, while Institutions and Non-Institutions held 14.54% and 10.21% respectively.

Wipro has opened its Asia Pacific, Middle East and Africa (APMEA) Strategic Market Unit Headquarters in Dubai, UAE. Located in the heart of the bustling business establishment of One Central at the Dubai World Trade Centre, the newly opened headquarters will lead Wipro’s expansion and investments across the UAE and APMEA.

It will address the business, technology, and transformation agendas of clients in focus sectors such as Financial Services, Retail, Telecom, Energy and Utilities, and the Public Sector.

Wipro began its operations in the Middle East in UAE in 2001 and today has a presence spread across several countries in the region. The APMEA strategic market unit generates around $1.5 billion in revenue for Wipro, and employs over 30,000 personnel.

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