Wipro rises on launching TelcoAI360 to transform operations for telcos by leveraging AI
Wipro is currently trading at Rs. 286.05, up by 1.05 points or 0.37% from its previous closing of Rs. 285.00 on the BSE.
The scrip opened at Rs. 290.80 and has touched a high and low of Rs. 290.80 and Rs. 283.50 respectively. So far 225932 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 324.55 on 23-Jan-2025 and a 52 week low of Rs. 208.40 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 293.30 and Rs. 276.30 respectively. The current market cap of the company is Rs. 299646.35 crore.
The promoters holding in the company stood at 72.75%, while Institutions and Non-Institutions held 16.02% and 8.73% respectively.
Wipro has launched TelcoAI360 to transform operations for telcos by leveraging AI. The AI-first Managed Services platform will empower telcos to roll out differentiated technology solutions at scale and speed, while delivering better customer experience at a fraction of the cost.
TelcoAI360 integrates Wipro’s domain expertise with AI-powered tools and solutions, enabling Communication Service Providers (CSPs) to significantly reduce operational costs by streamlining processes, automating workflows, and managing resources efficiently. Additionally, TelcoAI360 will deliver faster time to market for new products and services, boosting revenue potential. Recognizing the unique needs of telcos, the platform will be offered 'as-a-Service' with composable components that can be customised and deployed for each CSP.
Wipro is a leading global information technology, consulting and business process services company.
