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Wipro gains after partnering with Chelsea Football Club as its global IT partner

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Capital Market
Last Updated : Sep 04 2015 | 10:47 AM IST

Wipro rose 0.53% at Rs 569.70 at 9:34 IST on BSE after the company said it has been chosen by London-based Chelsea Football Club as its official digital and IT partner.

The announcement was made after market hours yesterday, 3 September 2015.

Meanwhile, the S&P BSE Sensex was off 390.72 points or 1.52% at 25,374.06.

On BSE, so far 14,000 shares were traded in the counter as against average daily volume of 80,000 shares in the past two weeks.

The stock hit a high of Rs 571 and a low of Rs 567.25 so far during the day.

As one of the world's leading sports brands, Chelsea Football Club will work with Wipro to create experiences for millions of its fans that span not only the in-stadium, game-day experience but also their digital experience, anytime and anywhere, Wipro and Chelsea said in a joint statement.

On consolidated basis, Wipro's net profit declined 3.71% to Rs 2187.70 crore on 1.63% growth in net sales to Rs 12370.60 crore in Q1 June 2015 over Q4 March 2015.

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Wipro is one of the leading IT services provider.

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First Published: Sep 04 2015 | 9:41 AM IST

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