Wipro in Focus After Launching Innovation Lab in South KoreaWipro in Focus After Launching Innovation Lab in South Korea

Introduction:

Leading IT services and consulting company announced expansion of its business operations in South Korea with the launch of a new innovation lab in Seoul as part of its global network.

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Share Price Movement of Wipro Ltd

On March 24, 2026, Wipro Ltd opened at ₹192.05, up 2.43% from its previous close of ₹187.50. The stock reached a high of ₹192.05 (2.43%) and a low of ₹187.85. By 4:00 PM, it traded at ₹189.46, a 1.05% increase, with a market cap of ₹1,99,274.36 crore.

Seoul Innovation Lab Launched

Wipro Limited announced expansion of its business operations in South Korea on March 23, 2026. The expansion includes an enlarged office footprint in Seoul, a new innovation lab under the Wipro Innovation Network (WIN), and continued investment in local talent to support South Korean clients.

The Seoul Innovation Lab will focus on technology, automotive, and industrial sectors. It will support use cases such as intelligent product engineering, software-defined vehicles, smart manufacturing, supply-chain optimization, and AI-enabled operations. With this launch, Wipro now operates nine innovation facilities globally, including five across the APMEA region.

The expansion builds on Wipro’s acquisition of the Digital Transformation Solutions business unit of HARMAN, a Samsung company, completed last year. Over 5,000 professionals including senior leaders across South Korea, the Americas, Europe, and India have joined Wipro as part of the integration.

Stock performance of Wipro Ltd.  for Period of 1 week, 6 months, and 1 year

Wipro Ltd delivered a 1-week return of -1.98%, a 6-month return of -22.5%, and a 1-year return of -30.4%.

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Push

Shareholding pattern of Wipro Ltd.

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	72.60%	72.70%	72.70%
FII	8.20%	8.50%	8.20%
DII	10.60%	10.20%	10.50%
Public	8.40%	8.50%	8.50%

About Wipro Ltd.

Wipro Ltd (NSE: WIPRO) is the 4th largest Indian IT services company, providing global information technology, consulting and business process services across 65 countries with over 230,000 employees.

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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.

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