Wipro up 2%, at 30-month high

The stock jumped 2 per cent to close at a 30-month high of Rs 671.90, after the company announced its partnership with Ariba Inc, a leading spend management solutions provider, to help companies across the country accelerate their spend-management initiatives.

The company will leverage Ariba’s on-demand sourcing solutions to help its clients achieve procurement process efficiencies and savings that may further affect their net profit positively.