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Wipro gains on launching next generation engineering and innovation center in Virginia

Wipro is currently trading at Rs. 256.80, up by 1.40 points or 0.55% from its previous closing of Rs. 255.40 on the BSE.

The scrip opened at Rs. 256.85 and has touched a high and low of Rs. 257.25 and Rs. 256.80 respectively. So far 4962 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 301.55 on 14-Jun-2019 and a 52 week low of Rs. 227.25 on 26-Nov-2018.

Last one week high and low of the scrip stood at Rs. 257.25 and Rs. 248.85 respectively. The current market cap of the company is Rs. 145907.64 crore.

The promoters holding in the company stood at 74.04%, while Institutions and Non-Institutions held 15.32% and 8.19% respectively.

Wipro has launched the next generation engineering and innovation center in Richmond, Virginia, to accelerate innovation for local startups and clients that will create 200 additional jobs in the Richmond area by 2021.

Additionally, Wipro will partner with local startups to share expertise and domain-focused use cases that can be scaled for the enterprise, benefiting large and small businesses alike. The Center’s technologies, training and expertise will also be made available to education professionals, community leaders and policy makers.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.

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