Dec 01, 2009, 12.42 PM IST

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.

Source: Moneycontrol.com

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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