Wipro moves up on the bourses

Wipro is currently trading at Rs. 531.55, up by 0.25 points or 0.05% from its previous closing of Rs. 531.30 on the BSE. The scrip opened at Rs. 534.85 and has touched a high and low of Rs. 538.00 and Rs. 523.80 respectively. So far 206310 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 610.50 on 26-Feb-2014 and a 52 week low of Rs. 315.30 on 31-May-2013. Last one week high and low of the scrip stood at Rs. 595.00 and Rs. 526.85 respectively. The current market cap of the company is Rs. 130733.93 crore. The promoters holding in the company stood at 73.47% while Institutions and Non-Institutions held 13.62% and 10.97% respectively. Wipro, a leading global Information Technology, Consulting and Outsourcing company has been named a 'Leader' by advisory and research firm International Data Corporation (IDC) in its report, IDC MarketScape: Worldwide Mobile Application Development, Testing, Management and Infrastructure (mADTMI) Services 2014 Vendor Assessment. IDC evaluated 14 service providers on 117 criteria as part of its IDC MarketScape on the mADTMI services market. Relative to other vendors discussed in the report, and based on feedback from customer references, Wipro's capabilities and forward-looking strategy positioned it as a Leader in the IDC MarketScape. Wipro was also rated favourably for offering a wide variety of pricing options that enable buyers to engage in models ranging from traditional pricing, pay-per-use, and shared risk/outcome-based models. Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.