Wipro Launches GIFT City Hub to Strengthen Global BFSI Capabilities
News by Aliceblue News Desk
20 Mar 2026
Introduction
Leading IT services company has launched a new hub at Gujarat International Finance Tec-City to strengthen AI-powered capabilities for global banking and insurance clients.
Also Read: Ahluwalia Contracts bags Rs 393-cr order from AAI for bundi greenfield
Share price movement of Wipro
On 20th March, Wipro Ltd opened at ₹191.00, up 1.30% from its previous close of ₹188.55. The stock reached a high of ₹192.10 (1.88%) and a low of ₹188.45. By the close, it traded at ₹190.54, a 1.05% increase, with a market cap of ₹2,00,375.62 crore.
GIFT City Hub For BFSI Clients
Wipro Limited announced the launch of a new hub at Gujarat International Finance Tec-City in Gandhinagar. The hub will deliver advanced technology services to global Banking, Financial Services, and Insurance clients. The facility will support digital banking, capital markets, regulatory technology, and risk and compliance solutions.
The GIFT City hub will offer 150 ready-to-deploy seats with flexibility to scale up to 500 seats based on client demand. The hub is aligned with Wipro Intelligence, the company’s unified suite of AI-powered platforms and solutions. It will focus on core platform modernization and responsible AI across critical financial workflows.
Gujarat Deputy Chief Minister Shri Harsh Sanghavi acknowledged Wipro’s expansion as a reflection of Gujarat’s growing prominence as a destination for innovation. Wipro COO Sanjeev Jain called the GIFT City presence a strategic investment to scale Wipro Intelligence for the global BFSI industry.
Stock performance of Wipro for Period of 1 week, 6 months, and 1 year
Wipro Ltd delivered a 1-week return of -4.64%, a 6-month return of -26.4%, and a 1-year return of -29.7%.
Also Read:UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark for ₹19.2 crore
Shareholding Pattern of Wipro
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 72.67% | 72.66% | 72.64% |
| FII | 8.16% | 8.45% | 8.22% |
| DII | 7.78% | 7.86% | 8.38% |
| Public | 11.28% | 10.89% | 10.63% |
About Wipro
Wipro Ltd (NSE: WIPRO) is India’s fourth largest IT services company, providing AI-powered technology services, consulting, and business process services across 65 countries worldwide.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: What is Wipro Ltd’s main business focus?
A: Wipro Ltd provides IT services, consulting, and business process services to global enterprises, with focus on AI-powered digital transformation solutions.
Q: What are the 52-week high and low of Wipro Ltd stock?
A: Wipro Ltd’s 52-week high is ₹275 and 52-week low is ₹188 on the NSE.
Why is Wipro Ltd share price rising today?
Wipro Ltd launched a new hub at GIFT City in Gandhinagar to deliver AI-powered technology services to global BFSI clients.
News Author
Aliceblue News Desk
