Wipro Ltd is up for a third straight session today. The stock is quoting at Rs 378.6, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 10783. The Sensex is at 35840, down 0.16%. Wipro Ltd has gained around 7.69% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has gained around 5.11% in last one month and is currently quoting at 15588.9, up 0.39% on the day. The volume in the stock stood at 18.42 lakh shares today, compared to the daily average of 41 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 378.3, up 0.83% on the day. Wipro Ltd is up 28.34% in last one year as compared to a 2.78% jump in NIFTY and a 21.58% jump in the Nifty IT index.

The PE of the stock is 21.71 based on TTM earnings ending December 18.

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Wipro announced the launch of QuMiC (Quick Migration to Cloud), a comprehensive platform designed to transform the way organisations migrate to Oracle Cloud. Using QuMiC, Wipro and Oracle aim to simplify and accelerate the journey to Oracle Cloud for their customers. Wipro is platinum level member of Oracle PartnerNetwork (OPN).

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Wipro announced the setting up of the Chair for Artificial Intelligence at theSwinburne University of Technology, Melbourne, Australia.

Professor Ryszard Kowalczyk, currently the Director of Swinburne's Key Lab for Intelligent Software Systems, and the head of Artificial Intelligence and Intelligent Agent Technology research group at Swinburne has been appointed as the Professorial Chair of Artificial Intelligence.

Wipro and Swinburne University also plan to establish a joint innovation centre to conduct high impact, industry-focussed research in the areas of Artificial Intelligence (Al) and Machine Learning (ML) with specific applications for digital health and smart cities. This partnership between Wipro and Swinburne University of Technology will focus on creating innovations in Artificial Intelligence (Al) that would benefit enterprises in Australia and the ASEAN region.

Wipro's strategic investment in this partnership enhances its digital transformation capability for clients using breakthrough innovations in Al and ML. The partnership will also co-develop unique solutions and new IP, leveraging joint capabilities in advanced Al and ML research, development,consulting and solution delivery.

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Wipro Ltd is up for a fifth straight session today. The stock is quoting at Rs 357.9, up 1.26% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 10675.1. The Sensex is at 35707.51, down 0.88%. Wipro Ltd has gained around 8.18% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has gained around 4.36% in last one month and is currently quoting at 15039.25, up 0.2% on the day. The volume in the stock stood at 47.52 lakh shares today, compared to the daily average of 57.24 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 357, up 1.08% on the day. Wipro Ltd is up 15.02% in last one year as compared to a 4.09% slide in NIFTY and a 13.8% slide in the Nifty IT index.

The PE of the stock is 20.47 based on TTM earnings ending December 18.

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