Wipro secures mega 8-year deal, to acquire Olam’s Mindsprint business; stock price jumps 4%Wipro secures mega 8-year deal, to acquire Olam’s Mindsprint business; stock price jumps 4%

Introduction

Leading technology services company secures 8 year deal with Olam Group worth over 1 billion dollars. Includes Mindsprint acquisition and AI based transformation services.

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Share price movement of Wipro

On April 06, 2026, Wipro Ltd opened at ₹197.45, up 1.36% from its previous close of ₹194.80. The stock reached a high of ₹201.20 (3.29%) and a low of ₹196.15. By 10:56 AM, it traded at ₹197.65, a 1.46% increase, with a market cap of ₹2,07,303.47 crore.

Wipro Secures $1B Olam Deal

Wipro Limited announced an 8 year strategic transformation deal with Olam Group, expected to exceed 1 billion dollars in value with committed spending of 800 million dollars.

As part of the agreement, Wipro will acquire Olam Group IT and digital services business Mindsprint and deliver consulting led and AI powered transformation services across operations.

The engagement will cover Olam farm to fork value chain including farming, supply chain and trading, aiming to improve efficiency, resilience and support long term scalable growth.

Stock performance of Wipro for period of 1 week, 6 months, and 1 year

Wipro Ltd delivered a 1-week return of 3.87%, a 6-month return of -20.2%, and a 1-year return of -20.9%.

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Shareholding pattern of Wipro

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%	8.50%	8.50%
Others	0.10%	0.20%	0.10%

About Wipro

Wipro Limited (NSE: WIPRO) is an AI powered technology services company offering consulting and digital solutions, operating across 65 countries with over 230,000 employees globally.

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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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