Wipro has allotted 21,872 equity shares under ADS Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005 to the employees on July 19, 2018 pursuant to exercise of ESOPs.

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Wipro and Alight Solutions, a leader in technology-enabled health, wealth, HR and finance solutions, announced a long-term relationship which will reshape the HR services industry by providing Alight's clients with the breadth and depth of capabilities from the two industry-leading organizations.

This strategic partnership will enable Alight to accelerate investment in consumer-facing technologies and services across its health, wealth and cloud businesses by leveraging Wipro's industry-leading strengths in automation, machine learning and data analytics.

Additionally, Wipro will acquire and take on responsibility for the services delivered from Alight's India locations. Alight has developed a rich set of technology and delivery capabilities across its India centers located in Gurgaon, Noida, Mumbai and Chennai.

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Wipro Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 282.95, up 1.25% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 11033.95. The Sensex is at 36623.18, up 0.2%. Wipro Ltd has risen around 6.21% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has risen around 5.42% in last one month and is currently quoting at 14515.65, up 0.41% on the day. The volume in the stock stood at 56.78 lakh shares today, compared to the daily average of 33.95 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 284.15, up 1.28% on the day. Wipro Ltd is up 8.89% in last one year as compared to a 11.61% spurt in NIFTY and a 41.08% spurt in the Nifty IT index.

The PE of the stock is 16.37 based on TTM earnings ending March 18.

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Wipro has allotted 12,530 equity shares under ADS Restricted Stock Unit Plan 2004 to the employees on 28 June 2018 pursuant to exercise of ESOPs.

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