Shares of Wipro Limited opened higher on Monday, trading at ₹202.36 as of 9.37 AM, up ₹3.00 or 1.50 per cent from Friday’s close of ₹199.36.

The stock touched an intraday high of ₹203.90 in early trade, with over 50.20 lakh shares changing hands worth ₹101.77 crore.

Sell orders outnumber buys, with 60.36 per cent of the order book on the sell side. The company’s total market capitalisation stands at ₹2,12,497 crore.

The morning move comes a session after Wipro announced, on Thursday April 24, a strategic partnership with Kongsberg Digital, a Norway-based industrial digitalisation firm. The two companies will jointly deploy next-generation AI-powered digital twin solutions for the energy and utilities sector.

The collaboration integrates Wipro’s AI-powered Wipro Intelligence™ platforms — Industrial-AssetsAI and UpstreamAI — with Kongsberg Digital’s Industrial Work Surface solution, with the aim of enabling more reliable, efficient, and safer operations across complex asset networks.

The joint offering is designed to provide a unified environment that brings together physics-based engineering models, real-time operational data, and enterprise AI, functioning as a digital twin that reflects live conditions across plants, power grids, and distributed assets.

Despite today’s early gains, the stock remains under pressure on a longer time horizon. The scrip has fallen about 24 per cent year-to-date and is trading well below its 52-week high of ₹273.10 hit in December 2025, though it has recovered from a 52-week low of ₹186.50 recorded in late March. The stock’s P/E stands at 15.79 and annualised volatility is at 31.33 per cent.

Markets will watch whether the partnership announcement provides sustained buying momentum or proves to be a short-term trigger in an otherwise difficult year for the IT major.

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Published on April 27, 2026