Wipro share price jumps nearly 2% after $1 billion Olam deal boosts outlook

Wipro share price jumps nearly 2% after $1 billion Olam deal boosts outlook Shares of Wipro surged 1.78% to Rs 198.38 on Monday, reacting positively to the company's announcement of a $1 billion-plus strategic deal with Olam Group. The sharp uptick in the stock comes on the back of the scale and duration of the eight-year engagement, which provides strong revenue visibility in a challenging demand environment. The deal, which includes a committed spend of $800 million, reinforces Wipro's push toward large, transformation-led contracts.

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