Wipro, one of the leading software exporters, today announced that it has been selected by Outokumpu, a global leader in stainless steel, as its global prime partner for applications maintenance and development of legacy applications across ten countries including UK, Poland, Italy, Spain, Germany, Sweden, Finland, USA, Mexico and China.

The multi-year contract is geared towards bringing cost efficiencies and enabling enhanced optimization of applications within HR, finance, procurement, market and business intelligence, marketing and communications, supply chain, production and R&D, and integration & platform areas, thereby helping Outokumpu with their ongoing efficiency and cost saving measures to improve profitability.

Shares of the company gained Rs 5.2, or 0.99%, to trade at Rs 532.15. The total volume of shares traded was 26,473 at the BSE (9.31 a.m., Thursday).