08-11-2022 10:01 AM | Source: Accord Fintech
Wipro rises on launching Wipro Shelde Australia to bolster sovereign cybersecurity capabilities
News By Tags | #648 #409 #572 #308

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Wipro is currently trading at Rs. 439.50, up by 9.40 points or 2.19% from its previous closing of Rs. 430.10 on the BSE.

The scrip opened at Rs. 437.45 and has touched a high and low of Rs. 441.90 and Rs. 436.50 respectively. So far 41080 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.80 on 14-Oct-2021 and a 52 week low of Rs. 391.00 on 15-Jul-2022.

Last one week high and low of the scrip stood at Rs. 442.35 and Rs. 426.35 respectively. The current market cap of the company is Rs. 235858.48 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 10.38% and 14.32% respectively.

Wipro has launched Wipro Shelde Australia, a sovereign cybersecurity offering for the Australian government and critical infrastructure industries, to help navigate the cyber threat landscape. Wipro acquired Ampion in 2021 and in integrating its two businesses – Shelde and Revolution IT – into Wipro, it gained access to specialist Australian cybersecurity, DevOps and engineering capabilities. The specialist Australian cybersecurity services provided by Shelde will now be promoted under the new offering.

This offering will provide clients access to local next-generation cybersecurity services through a pool of national security cleared consultants, experienced with the PGPA Act, Privacy Act, Protective Security Policy Framework, Essential 8, The Information Security Manual and Commonwealth Risk Management Policy. It will bolster Wipro’s comprehensive global cybersecurity and risk services to help clients meet critical business imperatives. In addition, clients can also leverage its security Zone 3 protected facility in Canberra1 for prototyping solutions up to PROTECTED. All of this comes with the support of Wipro’s Melbourne Cyber Defence Centre, which enables customers to rapidly expand capacity and run their security operations in compliance with the local data requirements.

Wipro is a leading global information technology, consulting and business process services company.