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Wipro gains after wining PMI contract for IT services
Source: IRIS | 05 Sep, 2014, 10.39AM
Rating: NAN / 5 stars.
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Wipro shares gained on Friday after the company has secured a contract from Philip Morris International (PMI), an international tobacco company. As a part of the five years agreement, Wipro will provide a full suite of IT infrastructure management services to PMI.

The IT infrastructure services will support a host of functions at PMI including management and support of its servers, storage, backup and applications infrastructure.

Shares of the company are trading at Rs 580, up Rs 3.4, or 0.59% at the Bombay Stock Exchange (BSE) on Friday at 10:27 a.m.

The scrip has touched an intra-day high of Rs 584 and low of Rs 578.55. The total volume of shares traded at the BSE is 38,412.

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