Wipro rallied over 7% to Rs 375. The stock zoomed to a high of Rs 379, and witnessed trades of 433,343 shares on the counter.
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Updated at 1055 Hrs
Wipro has moved up on the back of its plans to ramp up its China operations
Wipro opened flat today at Rs 349. It slipped to a low of Rs 345, and then however rebounded to a high Rs 358, up 4% from the day's low. The counter has clocked a volume of 77,659 shares on the BSE. The stock is currently trading at Rs 357 - up 2%.
The company is planning to increase its China operations 10-fold by 2010, according to a top industry official. Wipro currently has operations in Chengdu and Shanghai, where it employs 305 people.
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