{"id":143949,"date":"2025-01-31T11:22:09","date_gmt":"2025-01-31T05:52:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143949"},"modified":"2025-01-31T11:23:35","modified_gmt":"2025-01-31T05:53:35","slug":"it-stock-jumps-after-receiving-multi-million-dollar-order-from-etihad-airways","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-after-receiving-multi-million-dollar-order-from-etihad-airways\/","title":{"rendered":"IT stock jumps after receiving multi-million dollar order from Etihad Airways"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3776143200\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The stock of one of India\u2019s leading IT company is in focus after it announced they have received an order from a Middle Eastern airline, for migration of legacy systems and operational efficiency.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2686117510\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement<\/strong><\/h2><p>With a market capitalization of \u20b9 3,26,823 Cr, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/WIPRO\" target=\"_blank\" rel=\"noreferrer noopener\">Wipro<\/a><\/strong> opened at \u20b9 311, and after opening it made an intraday high of \u20b9 315 up 2 % from yesterday\u2019s closing price. The past month\u2019s return for the stock is\u00a0 3 % and the 1-year return stands at 30 %.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Details about the order<\/strong><\/h2><p>The 5-year multi-million dollar order has been placed by Etihad Airways the national airline of the&nbsp; United Arab Emirates,&nbsp; the airline wants a seamless migration of legacy systems and improved operational efficiency across key areas, including workplace, network, infrastructure, and service management.<\/p><p>Wipro FullStride Cloud will deliver a customized cloud-based solution that will provide Etihad Airways with real-time insights into their resource utilization and improve operational agility and scalability for their global operations.<\/p><div class=\"trade-content_5\" id=\"trade-1635943095\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Wipro will also integrate Generative Artificial Intelligence (GenAI) modules across the IT framework &#8211; from automation of data centers to conversational support to end-users. GenAI will also provide intelligent device management and insights to optimize performance and proactively resolve potential disruptions.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Q3FY25 Results<\/strong><\/h2><p>The company reported a marginal increase of 0.5 % YoY increase in revenue from <strong>\u20b9<\/strong>22,205 Cr in Q2FY24 to \u20b922,318 Cr in Q3FY25. Their Net profit too saw a significant upside with a 24.66 % YoY increase from \u20b9 2,700 Cr to \u20b93,366 Cr for the same period.<\/p><p>On a QoQ basis, the company reported an increase of only 0.07 % in revenue from <strong>\u20b9<\/strong>22,301 Cr in the previous quarter, and their net profits saw an increase of 3.09 % from \u20b93,226 Cr for the same period.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients\u2019 most complex digital transformation needs. Leveraging their holistic portfolio of capabilities in consulting, design, engineering, and operations, they help clients realize their boldest ambitions and build future-ready, sustainable businesses.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Abhishek Das<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-428561639\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-4056898991\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The stock of one of India\u2019s leading IT company is in focus after it announced they have received an order from a Middle Eastern airline, for migration of legacy systems and operational efficiency. Share Price Movement With a market capitalization of \u20b9 3,26,823 Cr, the share of Wipro opened at \u20b9 311, and after opening [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":143950,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,2597,4434,8875,7607,7609,7608],"class_list":["post-143949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-wipro","tag-wipro-latest-news","tag-wipro-limited","tag-wipro-limited-latest-news","tag-wipro-limited-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps after receiving multi-million dollar order from Etihad Airways - 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