Wipro moves up on the bourses

Wipro is currently trading at Rs. 510.40, up by 5.85 points or 1.16% from its previous closing of Rs. 504.55 on the BSE. The scrip opened at Rs. 509.00 and has touched a high and low of Rs. 518.05 and Rs. 506.00 respectively. So far 123639 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. 508.50 and Rs. 480.95 respectively. The current market cap of the company is Rs. 125945.09 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 launched its ‘Finance and Accounting Business-Process-as-a-Service’ (F&A BPaaS) solution for enterprises.  This solution is developed in partnership with NetSuite, the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, Wipro’s F&A BPaaS is a comprehensive, end-to-end business process solution that can help improve business agility, user experience and process efficiency. Wipro’s F&A BPaaS is built on the industry leading NetSuite platform, along with best-in-class Wipro process capabilities in finance and accounting. The solution empowers customers to selectively manage and control their finance and accounting processes on a standardized platform, in a 100% variabilized cost model. It also enables rapid implementation of business processes, improves compliance standards, and provides operational readiness, leading to significant cost savings. 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.