Wipro shares rally over 4% on deal with ServiceNow to scale agentic AI
Shares of IT major Wipro Ltd rallied as much as 4.5% to their day’s high of ₹211 on the BSE on Friday after it announced an expanded partnership with ServiceNow to scale agentic AI workflows across key enterprise functions, including IT, HR, procurement, and cybersecurity. The company’s American Depositary Receipts (ADRs) surged as much as 18.5% following the development.
In a press release, Wipro said the collaboration will combine Wipro Intelligence, its suite of AI-powered platforms, solutions, and offerings, with the ServiceNow AI Platform. The partnership aims to help enterprises streamline the initiation, orchestration, and execution of work across systems, reduce manual coordination, and improve operational visibility.
