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Wipro jumps on securing multi-year deal with Olam Group

The 8-year engagement with Olam Group is expected to exceed $1 billion in contract value, with a committed spend of $800 million

Wipro is currently trading at Rs. 197.75, up by 2.95 points or 1.51% from its previous closing of Rs. 194.80 on the BSE.

The scrip opened at Rs. 197.45 and has touched a high and low of Rs. 201.20 and Rs. 196.15 respectively. So far 385334 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 273.15 on 22-Dec-2025 and a 52 week low of Rs. 186.50 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 201.20 and Rs. 186.50 respectively. The current market cap of the company is Rs. 206674.17 crore.

The promoters holding in the company stood at 72.63%, while Institutions and Non-Institutions held 16.60% and 8.49% respectively.

Wipro has secured a multi-year strategic transformation deal with Olam Group, a leading food and agri-business headquartered in Singapore, and majority owned by Temasek Holdings. The 8-year engagement with Olam Group is expected to exceed $1 billion in contract value, with a committed spend of $800 million.

As part of the engagement, Wipro will deliver end‑to‑end transformation services to Olam Group through a consulting‑led and AI‑powered approach. The engagement will draw on Wipro’s industry expertise, partnerships with leading technology providers, and Wipro Intelligence, its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group’s core operations and support the creation of a sustainable competitive advantage.

Building on this foundation, Wipro will deploy its capabilities across Olam Group’s ‘farm-to-fork’ value chain, delivering industry-specific solutions that align with the Group’s business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, strengthening resilience, and supporting long-term growth at scale.

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