Thursday, June 20

CAPITAL PARAMOUNT UPDATE: WIPRO

Shares of WIPRO gained more than one percent in early trade and is the only gainer on the Bombay Stock Exchange amid selling pressure Thursday. The stock is excited as reports suggest that the country's third largest software services exporter won a technology outsourcing contract worth Rs 2,900 crore from US-based financial firm Citigroup. The tenure of the contract is likely to be five years.

 

At 09:36 hours IST, the stock was quoting at Rs 344.80, up 0.51 percent, after hitting an intraday high of Rs 348.10.

Market capitalisation of the company currently stands at Rs 84,944.75 crore.

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