Wipro Shares Hit Day’s High: IT Giant Invests in FPEL Ujwal Renewable Energy
October 10, 2023
FPEL
/ News
Wipro Goes Green: Shares Reach Day’s High with Renewable Energy Investment Wipro Ltd, an Indian multinational corporation, is a leading player in the IT services sector. The company provides information technology, consulting, and business process services. Wipro’s capabilities span across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services to customers in 167 countries. The company was incorporated on December 29, 1945, and has its headquarters on Sarjapur Road in Bangalore. On October 11, Wipro Ltd saw its shares surge over 3 percent. This surge was triggered by the company’s completion of its subscription to the equity share capital of FPEL Ujwal, a renewable energy company. Investing in the Future: Wipro’s Strategic Move Wipro’s investment in FPEL Ujwal is part of a definitive agreement signed on September 1. As part of this agree...