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

Wipro is currently trading at Rs. 237.35, up by 0.10 points or 0.04% from its previous closing of Rs. 237.25 on the BSE.

The scrip opened at Rs. 238.40 and has touched a high and low of Rs. 238.95 and Rs. 235.95 respectively. So far 165697 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. 220.50 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 248.50 and Rs. 236.70 respectively. The current market cap of the company is Rs. 135533.65 crore.

The promoters holding in the company stood at 73.83%, while Institutions and Non-Institutions held 15.10% and 8.77% respectively.

Wipro’s subsidiary — Wipro Infrastructure Engineering (WIN) Automation Business has launched industrial automation and factory automation solutions specifically for the tyre industry. WIN Automation is now fully geared to provide end to end automation solutions for tyre industries competing with global majors.

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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