Mumbai, April 6 -- Shares of Wipro Limited ended higher on Monday after the company announced a major multi-year strategic deal with Singapore-based Olam Group.
In an exchange filing, Wipro said it has secured a large transformation contract with Olam Group, marking a significant development in its international business operations.
The 8-year partnership is expected to generate over USD 1 billion in total contract value, with a committed spend of USD 800 million. As part of the deal, Wipro will provide end-to-end transformation services through a consulting-led and AI-powered approach.
The shares of Wipro on the National Stock Exchange closed with a surge of 1.43 per cent to Rs 197.70 per share.
Wipro said the engagement will leverag...
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