Wipro leads the gainer list of ‘BSE IT’ space

20 Sep 2011 Evaluate

Wipro is currently trading at Rs. 353.85, up by 12.30 points or 3.60% from its previous closing of Rs. 341.55 on the BSE.

The scrip opened at Rs. 344.90 and has touched a high and low of Rs. 353.90 and Rs. 342.00 respectively. So far 1,50,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 499.90 on 14-Oct-2010 and a 52 week low of Rs. 310.20 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 354.50 and Rs. 326.70 respectively. The current market cap of the company is Rs. 86,934.00 crore.

The promoters holding in the company stood at 79.23 % while Institutions and Non-Institutions held 9.11 % and 9.98 % respectively.

Wipro has inaugurated its first rural BPO at Manjakkudi village in Tamil Nadu to capitalize on literate talent pool available in the region. The Manjakkudi centre has a capacity of 120 seats, and will open with a 50-seat pilot project for an international client in the retail sector.

The company is planning to increase its rural BPO operations to 500 seats by March 2013 in Tamil Nadu. It also plans to repeat this BPO model in other states in the near future.

Rural BPO centres, is to take on the bulk data processing jobs and Graduate students between the age group of 21-25 will be employed in the Manjakkudi Wipro BPO centre, delivering a range of services to customers across industry sectors.

The Manjakkudi BPO centre benefits from a fully-equipped IT and physical infrastructure, which complies with standard security and regulatory requirements. The centre will be focused on delivering world-class outsourcing services, while connecting this rural community to the world of global business.

The company’s net profit for the quarter surged by 9.85% at Rs 1219.30 crore as compared to Rs 1110.00 crore for the quarter ended June 30, 2010. Its total Income has increased by 23.08% to Rs 7521.70 crore for the quarter under review from Rs 6111.00 crore for the corresponding quarter of the previous year.  

Wipro Share Price

561.25 4.05 (0.73%)
22-Nov-2024 09:09 View Price Chart
Peers
Company Name CMP
TCS 4079.70
Infosys 1849.35
HCL Tech. 1851.20
Wipro 561.25
Tech Mahindra 1723.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.