Wipro trades higher on inking agreement to acquire Edgile
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Dec-21-2021 09:50 Hrs IST
Wipro is currently trading at Rs. 685.05, up by 18.70 points or 2.81% from its previous closing of Rs. 666.35 on the BSE.
The scrip opened at Rs. 676.00 and has touched a high and low of Rs. 685.95 and Rs. 674.10 respectively. So far 198179 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. 348.30 on 21-Dec-2020.
Last one week high and low of the scrip stood at Rs. 677.80 and Rs. 635.30 respectively. The current market cap of the company is Rs. 365245.31 crore.
The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 11.74% and 12.60% respectively.
Wipro has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity.
Together, the company and Edgile will develop Wipro CyberTransform, an integrated suite that will help enterprises enhance boardroom governance of cyber security risk, invest in robust cyber strategies, and reap the value of practical security in action. In collaboration with an extensive roster of alliance partners from Wipro and Edgile, Wipro CyberTransform will enable organizations to accelerate their digital transformation and operate in virtual, digital supply chains- all in a highly secure manner.
Wipro is a leading global information technology, consulting and business process services company.
