Wipro shines on securing multi-year contract from HM Treasury

Wipro is currently trading at Rs. 440.90, up by 5.90 points or 1.36% from its previous closing of Rs. 435.00 on the BSE.

The scrip opened at Rs. 439.90 and has touched a high and low of Rs. 442.55 and Rs. 436.55 respectively. So far 111754 shares were traded on the counter.

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

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. 391.00 on 15-Jul-2022.

Last one week high and low of the scrip stood at Rs. 444.65 and Rs. 434.00 respectively. The current market cap of the company is Rs. 241346.88 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 10.38% and 14.32% respectively.

Wipro has secured multi-year contract to deliver Service Integration and Management (SIAM) Services to HM Treasury (HMT).

The service will enable seamless integration of IT services across multi-functional suppliers and partners, enhancing the user experience across HMT and its Arm’s Length Bodies.

Wipro and HMT will collaborate to enable end-to-end SIAM services, from strategy, design, and implementation to running business-as-usual services such as day-to-day coordination of service integration across HMT’s vendors.

Wipro’s robust SIAM capabilities and proven approach will complement HMT’s vision to build a sustainable and continuously improving supplier ecosystem and infrastructure.

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

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