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Wipro rises on signing MoU with MTC

Wipro is currently trading at Rs. 238.45, up by 0.30 points or 0.13% from its previous closing of Rs. 238.15 on the BSE.

The scrip opened at Rs. 236.50 and has touched a high and low of Rs. 239.70 and Rs. 236.50 respectively. So far 18360 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. 231.68 on 21-Dec-2018.

Last one week high and low of the scrip stood at Rs. 244.80 and Rs. 236.50 respectively. The current market cap of the company is Rs. 136054.83 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 signed a Memorandum of Understanding (MoU) with the Ministry of Technology and Communications (MTC), a government authority of the Sultanate of Oman, to launch Center of Excellence (CoE) for open source.

Under this MoU, Wipro and MTC will collaborate to build, deploy and sustain the CoE as well as accelerate adoption of open source technologies in the public and private sectors of Oman and the Gulf Cooperation Council (GCC) region. The CoE will focus on building a talent base of Information and Communication Technologies (ICT) graduates specializing in open source capabilities through comprehensive training and skill development programs.

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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