As per reports, CEO Abidali Z Neemuchwala, circulated an internal email announcing the resignation of Meister.
Wipro's Continental Europe head Ulrich Meister has, reportedly, put in his papers and is likely to take a break from his responsibilities soon.
As per reports, CEO Abidali Z Neemuchwala, circulated an internal email announcing the resignation of Meister.
Reports state that the third largest IT firm of the country is looking for the new Continental Europe head. Meanwhile, the current vice-president of the segment, Ashiq Hassanali, will work together with Neemuchwala to handle Continental Europe operations.
Stock commentary:
Wipro Ltd is currently trading at Rs. 568.8, up Rs. 7.6 or 1.35% from its previous closing of Rs. 561.2 on the BSE.
The scrip opened at Rs. 562.05 and has touched a high and low of Rs. 573.25 and Rs. 556.95 respectively. So far 576940 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 138643.6 crore.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.9 on 11-Mar-2015 and a 52 week low of Rs. 512.55 on 24-Apr-2015. Last one week high and low of the scrip stood at Rs. 563 and Rs. 544 respectively.
The promoters holding in the company stood at 73.35%, while Institutions and Non-Institutions held 15.52% and 10.53% respectively.
The stock is currently trading below its 200 DMA.
As per reports, CEO Abidali Z Neemuchwala, circulated an internal email announcing the resignation of Meister.
Reports state that the third largest IT firm of the country is looking for the new Continental Europe head. Meanwhile, the current vice-president of the segment, Ashiq Hassanali, will work together with Neemuchwala to handle Continental Europe operations.
Stock commentary:
Wipro Ltd is currently trading at Rs. 568.8, up Rs. 7.6 or 1.35% from its previous closing of Rs. 561.2 on the BSE.
The scrip opened at Rs. 562.05 and has touched a high and low of Rs. 573.25 and Rs. 556.95 respectively. So far 576940 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 138643.6 crore.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.9 on 11-Mar-2015 and a 52 week low of Rs. 512.55 on 24-Apr-2015. Last one week high and low of the scrip stood at Rs. 563 and Rs. 544 respectively.
The promoters holding in the company stood at 73.35%, while Institutions and Non-Institutions held 15.52% and 10.53% respectively.
The stock is currently trading below its 200 DMA.
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