Wipro in race of Goldman Sachs IT contract, stk up

Wipro touched an intraday high of Rs 640.70 and an intraday low of Rs 631.25. At 12:33 pm, the share was quoting at Rs 638.50, up Rs 9.45, or 1.50%. According to the sources, Goldman Sachs is going to issue IT contract worth USD 500-700 million. TCS, Infosys, Wipro, HCL,Cognizant and IBM are in race, reports CNBC-TV18.
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Dec 01, 2009, 12.42 PM | Source: Moneycontrol.com

Wipro in race of Goldman Sachs' IT contract, stk up

Wipro touched an intraday high of Rs 640.70 and an intraday low of Rs 631.25. At 12:33 pm, the share was quoting at Rs 638.50, up Rs 9.45, or 1.50%. According to the sources, Goldman Sachs is going to issue IT contract worth USD 500-700 million. TCS, Infosys, Wipro, HCL,Cognizant and IBM are in race, reports CNBC-TV18.

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Wipro in race of Goldman Sachs IT contract, stk up

Wipro touched an intraday high of Rs 640.70 and an intraday low of Rs 631.25. At 12:33 pm, the share was quoting at Rs 638.50, up Rs 9.45, or 1.50%. According to the sources, Goldman Sachs is going to issue IT contract worth USD 500-700 million. TCS, Infosys, Wipro, HCL,Cognizant and IBM are in race, reports CNBC-TV18.

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Wipro touched an intraday high of Rs 640.70 and an intraday low of Rs 631.25. At 12:33 pm, the share was quoting at Rs 638.50, up Rs 9.45, or 1.50%.

According to the sources, Goldman Sachs is going to issue IT contract worth USD 500-700 million. The contract to span across 5-6 years. TCS , Infosys , Wipro, HCL ,Cognizant and IBM are in race, reports CNBC-TV18. Contract is to create R&D functions, software database. The bids for Goldman Sachs contract is likely to begin by April 2010, reports CNBC-TV18.
 
It was trading with volumes of 379,914 shares. Yesterday the share closed up 1.04% or Rs 6.45 at Rs 629.05.

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 629.30 638.50 9.20 1.46
5-Days 647.15 638.50 -8.65 -1.34
7-Days 644.90 638.50 -6.40 -0.99
15-Days 637.70 638.50 0.80 0.13
1-Month 605.90 638.50 32.60 5.38
3-Month 549.95 638.50 88.55 16.10
6-Month 398.90 638.50 239.60 60.07
9-Month 203.40 638.50 435.10 213.91
1-Year 233.70 638.50 404.80 173.21

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Wipro in race of Goldman Sachs IT contract, stk up

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