Stock market analyst Ashwani Gujral has maintained 'buy' rating on Wipro Technologies Ltd stock with a target of Rs 445.

According to analyst, the interested investors can buy the stock with stop loss of Rs 405.

The stock of the company, on Sep 14, closed at Rs 417.45 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 451.80 and a low of Rs 327.85 on BSE.

Current EPS & P/E ratio stood at 20.03 and 21.27 respectively.

With the aim to assist consumer goods firms introduce novel products faster, Wipro Technologies Ltd signed up a co-development initiative with Oracle.

Under the deal, both the companies will mutually set up a product lifecycle management offering for the business of Consumer Packaged Goods (CPG).

The firms stated that the novel process integration pack offering is being made with the help of Oracle Application Integration Architecture, which aims to combine Oracle's Agile Product Life Cycle Management for Process with Oracle Process Manufacturing and Oracle Product Hub.

On Sep 01, Central Bank of India and Wipro inked a 5-year total outsourcing pact in order to offer up high-tech, technology-driven, core banking solution for 7 sponsored Regional Rural banking institutions. Moreover, the company has nominated Rishad Premji, son of the company's founder and chairman, Azim Premji, as chief strategy officer of the IT biz.