Wipro gains 2% on bagging 5-Year contract from Fortum

Wipro gains 2% on bagging 5-Year contract from Fortum


On october 20 after Wipro won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum in Finland the share price rises over a percent in intraday trade.

As a part of five year agreemnet ,Wipro will manage Fortum's application portfolio across hundreds of applications for more than 11,500 users across 18 countries and provide 24/7 support for business critical apllications.

The Wipro stock was trading at Rs 348.95, up Rs 5.70, or 1.66 percent. It has touched an intraday high of Rs 349.20 and an intraday low of Rs 342.25.