Wipro rises after partnership with Adobe

Wipro rose 0.38% to Rs 274.95 at 12:07 IST on BSE after the company announced that it has expanded partnership with Adobe to offer enhanced digital services and solutions.

The announcement was made after trading hours yesterday, 26 March 2018.

Meanwhile, the S&P BSE Sensex was up 93.18 points, or 0.28% to 33,159.59

On the BSE, 69,000 shares were traded in the counter so far compared with average daily volumes of 1.44 lakh shares in the past two weeks. The stock had hit a high of Rs 280.85 and a low of Rs 273.60 so far during the day. The stock hit a 52-week high of Rs 334.75 on 16 January 2018. The stock hit a 52-week low of Rs 242.38 on 24 April 2017.

Wipro announced an expanded global relationship with Adobe to create, build and run digital marketing solutions and campaigns for their clients, across the globe. As a part of this alliance, Wipro will embed Adobe's design and prototyping software, Adobe XD CC, the all-in-one UX/UI solution for designing and prototyping mobile apps and websites, into its Digital Experience Platform.

Adobe XD is the end-to-end, cross-platform solution for designing, prototyping, and sharing user experiences for websites, mobile apps, and more. Wipro's DXP will leverage Adobe XD, to deliver interactive experiences across multiple channels for customers.

Together, Wipro and Adobe are helping global brands in their digital transformation journey to meet rapidly evolving consumer expectations.

Wipro's consolidated net profit fell 11.85% to Rs 1930.10 crore on 1.82% growth in net sales to Rs 13669 crore in Q3 December 2017 over Q2 September 2017.

Wipro is a leading global information technology, consulting and business process services company.

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