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Wipro Shares Climb Following Multi-Year Deal with US Security Firm Entrust

Geetanjali Lachke Posted on June 06, 2025

Shares of Wipro, a leading Indian IT services company, saw a rise on Wednesday after the announcement of a multi-year agreement with Entrust, a US-based identity-centric security solutions provider. The financial particulars of the deal remain undisclosed.

Key Highlights of Wipro’s Deal with Entrust

Overview: Wipro has entered into a multi-year partnership with Entrust to enhance product development, infrastructure management, and application security.
Stock Performance: Wipro shares rose by 1.4%, reaching ₹249.70 on the BSE.
Focus on AI and Security: Wipro will deploy GenAI-powered solutions to improve self-service, enhance user experiences, and reduce support response times for Entrust.
Enhanced Application Security: The deal includes integrating advanced analytics to proactively detect vulnerabilities in Entrust’s applications.
The table outlines the key aspects of Wipro's new deal with Entrust, including the services offered and the focus on advanced technology and application security.

Strategic Importance of the Deal

This partnership is crucial for Wipro as it continues to strengthen its presence in the global IT services market. The collaboration with Entrust may not only help improve operational efficiency but also enhance digital transformation efforts, both for Entrust and Wipro itself. By deploying AI-driven solutions, Wipro aims to redefine the user experience, ensuring that Entrust benefits from smarter and faster software development.

The deal also highlights Wipro’s ability to leverage cutting-edge technology to help clients address complex challenges like application security. This aligns with the company’s broader strategy of integrating advanced analytics and AI solutions to create measurable value for clients.

Wipro’s Position in the Market

Wipro’s stock performance has been influenced by the ongoing momentum in the IT services sector, with several of its competitors, including Tata Consultancy Services (TCS) and Tech Mahindra, also securing significant global deals. These developments highlight the increasing demand for IT infrastructure modernisation and cybersecurity solutions, particularly from US-based firms.

Wipro’s collaboration with Entrust is a significant step in reinforcing its global position as a leader in IT services. This partnership may contribute to long-term growth for both companies.

Note: Individuals should stay informed and consider multiple perspectives before making any financial decisions.

Disclaimer

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Sources

https://economictimes.indiatimes.com/markets/stocks/news/wipro-shares-in-focus-after-multi-year-deal-with-us-security-firm-entrust/articleshow/121610239.cms?from=mdr

Hi! I’m Geetanjali Lachke

Blogger

Geetanjali is an emerging content writer with a passion for writing and marketing. She focuses on crafting clear, engaging blog posts and articles that simplify complex topics, particularly in finance and business. Geetanjali is dedicated to delivering insightful content that helps readers understand and navigate critical concepts, empowering them to make informed decisions and stay ahead in the ever-evolving landscape of finance and business.