22-10-2024 10:07 AM | Source: Accord Fintech
Wipro trades higher on the bourses

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Wipro is currently trading at Rs. 553.45, up by 5.60 points or 1.02% from its previous closing of Rs. 547.85 on the BSE.

The scrip opened at Rs. 550.00 and has touched a high and low of Rs. 554.50 and Rs. 548.40 respectively. So far 59203 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 580.00 on 19-Jul-2024 and a 52 week low of Rs. 375.00 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 561.85 and Rs. 524.90 respectively. The current market cap of the company is Rs. 286606.95 crore.

The promoters holding in the company stood at 72.80%, while Institutions and Non-Institutions held 15.98% and 8.89% respectively.

Wipro and Ericsson have successfully transformed the billing experience for all Odido brand mobile customers in the Netherlands by migrating to the cloud-native Ericsson Billing platform hosted on Amazon Web Services (AWS). This achievement allows Odido to offer innovative 5G services, including the newly-launched Klik&Klaar fixed-wireless access (FWA) solution, with improved operational efficiency and customer experience.

The migration, completed in August 2024, transitioned 5 million customers over a single weekend. The migration to Ericsson Billing follows the earlier transition of 700,000 Ben MVNO users in November 2023, marking a major milestone in Odido’s modernization. The successful migration means all Odido’s mobile customers, whether B2B or B2C, are now served by Ericsson Billing, hosted on AWS.

The project was executed with Wipro as an end-to-end system integrator, working in close collaboration with Ericsson and Odido to design and implement the solution. The seamless integration into Odido’s IT landscape lowers Odido’s technical debt, simplifies the customer journey, and reduces operating costs.

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