Wipro rises after introducing Data Intelligence Suite

Wipro rises after introducing Data Intelligence Suite

Indian Market
by 5paisa Research Team Last Updated: 2022-12-11T18:23:34+05:30

On Thursday at 1 pm, Wipro was trading at Rs 413.70, up by 6.75 points or 1.66% from its previous closing of Rs 406.95 on the BSE.

Shares of Wipro opened at Rs 412.00 and have touched a high and low of Rs. 416.35 and Rs. 411.65 respectively.

To speed up cloud modernization and data monetization, Wipro has released the Wipro Data Intelligence Suite, a one-stop solution that focuses on modernising data estates, including data stores, pipelines, and visualisations, operating on Amazon Web Services (AWS). The cloud migration process from existing platforms and disjointed legacy systems is safe and dependable with the help of the Wipro Data Intelligence Suite.

The end-to-end automation of a company's cloud migration process is made possible by Wipro Data Intelligence Suite, guaranteeing that enterprises can quickly realise business value while reducing migration risks. It provides a quick, dependable route to modernizations driven by the cloud, which pave the way for speedier workflows and improved data analytics operations.

Wipro Ltd. is a multinational provider of business process services (BPS), consulting, and information technology.

In the worldwide IT services market, it ranks fourth among Indian companies, behind TCS, Infosys, and HCL Technologies. Globally, the business serves about 1,100 clients. With the largest client making up less than 3% of total revenues and the top 5 clients accounting for 12%, its clientele is very varied. The promoters holding in the company stood at 72.95%, while institutions and non-institutions held 14.54% and 10.21% respectively.

The BSE group 'A' stock of face value of Rs 2 has a 52-week high of Rs 726.70 and a 52-week low of Rs 372.40. Last week high and low of the scrip stood at Rs 416.35 and Rs 396.00, respectively. The current market cap of the company is Rs 226855.43 crore.

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