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Shares of Wipro were up nearly 2% at Rs 566 on the Bombay Stock Exchange after the company announced that it has been selected by DSM(Euronext: DSM), a global, science based company, as its strategic IT partner.
This techology deployment will help DSM optimize costs, while providing users (i.e. DSM's employees) with an Internet-centric and sustainable workplace,with smart systems which will enable a seamless user experience, the company said in a release.
"This engagement will allow us to enable advanced end user computing capabilities at DSM. The relationship between DSM and Wipro is anchored by the synergy of our core corporate values and we look forward to partnering with DSM towards supporting its growth objectives." said N.S. Bala, Chief Executive, Manufacturing & Hi-Tech Industry SBU, Wipro.
The stock opened at Rs 560 and touched a high of Rs 566. At 12:40PM, over 477,000 shares were traded on both the stock exchanges.
