Technical analyst Hitendra Vasudeo has maintained 'buy' rating on Wipro Limited stock with a target of Rs 460.

Mr. Vasudeo said that if the stock market remains positive, the next target for the day will be Rs 471.

According to analyst, the stock of the company can be bought on dips with a stop loss of Rs 446.

The shares of the company, on March 14, closed at Rs 455.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 499.90 and a low of Rs 327.85 on BSE.

Current EPS & P/E ratio stood at 20.93 and 21.35 respectively.

India's third biggest IT services exporter Wipro is quietly building up public cloud service for India.

Wipro witnesses exponential development in its service and said that cloud could turned a very large biz division for Wipro Infotech, the India, West Asia and Africa biz of the company.

Wipro Infotech has inked a 5-year strategic deal to drive Canara Bank's Regional Rural Bank (RRB) scheme.

The deal is to offer a high-tech, technology-driven, core banking solution for 3 of Canara Bank's supported RRBs including South Malabar Gramin Bank (Kerala), Pragathi Gramin Bank (Karnataka) and Shreya Gramin (Uttar Pradesh).