Wipro trades higher on entering into partnership with Informatica

Wipro is currently trading at Rs. 445.50, up by 0.65 points or 0.15% from its previous closing of Rs. 444.85 on the BSE.

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

The scrip opened at Rs. 445.10 and has touched a high and low of Rs. 451.10 and Rs. 444.00 respectively. So far 116872 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. 443.15 on 25-May-2022.

Last one week high and low of the scrip stood at Rs. 469.40 and Rs. 443.15 respectively. The current market cap of the company is Rs. 245441.91 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 11.36% and 13.18% respectively.

Wipro and Informatica entered into partnership to bring cloud-based data and analytics to market with Wipro FullStride Cloud Services data platform. Together, Informatica and Wipro will create a one-stop marketplace that drives business value and outcomes for clients by combining the offerings of cloud hyperscalers with Wipro’s platforms, IP, talent, and partner-led tools. Wipro’s well-recognized data, analytics, and artificial intelligence (AI) capabilities, along with Informatica’s comprehensive AI-powered data management solution, will bring scale to cloud-based transformations.

The integration of Wipro FullStride data platform with Informatica’s IDMC components as the backbone will enable seamless transformation, accelerate business value, and simplify complexity at lower cost. This partnership supports our goal to use the power and flexibility of the cloud to bring data and analytics to clients and their stakeholders. Wipro FullStride data platform combines industry leading data, analytics, and AI accelerators and solutions on a single platform, enabling end-to-end automation of the cloud migration and transformation journey across all major cloud hyperscalers.

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

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